Peel Hunt reissued their add rating on shares of SOCO International (LON:SIA) in a research report sent to investors on Monday.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. cut their target price on SOCO International from GBX 127 ($1.65) to GBX 126 ($1.64) and set a neutral rating on the stock in a research report on Thursday, July 12th. Jefferies Financial Group upped their target price on SOCO International from GBX 150 ($1.95) to GBX 154 ($2.01) and gave the company a buy rating in a research report on Tuesday, June 12th. Finally, Liberum Capital reissued an add rating and issued a GBX 140 ($1.82) target price on shares of SOCO International in a research report on Monday, July 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 140 ($1.82).

LON SIA opened at GBX 87.10 ($1.13) on Monday. SOCO International has a 1 year low of GBX 87.15 ($1.14) and a 1 year high of GBX 150 ($1.95).

In related news, insider Mike J. Watts purchased 8,767 shares of the business’s stock in a transaction on Friday, August 24th. The shares were bought at an average cost of GBX 99 ($1.29) per share, with a total value of £8,679.33 ($11,305.63). Also, insider Mike J. Watts purchased 8,601 shares of the business’s stock in a transaction on Thursday, July 26th. The shares were bought at an average cost of GBX 100 ($1.30) per share, for a total transaction of £8,601 ($11,203.60). Insiders have acquired a total of 26,508 shares of company stock worth $2,587,193 over the last ninety days.

SOCO International Company Profile

SOCO International plc engages in the exploration and production of oil and gas properties. It has interests in oil and gas properties located in Vietnam, the Republic of Congo, and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for SOCO International (LON:SIA)

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