Peel Hunt Reiterates “Buy” Rating for Serica Energy (SQZ)

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Peel Hunt reiterated their buy rating on shares of Serica Energy (LON:SQZ) in a research report released on Wednesday.

LON:SQZ traded up GBX 2.50 ($0.03) on Wednesday, reaching GBX 111 ($1.45). 475,838 shares of the stock traded hands, compared to its average volume of 506,230. Serica Energy has a 12 month low of GBX 20.25 ($0.26) and a 12 month high of GBX 93 ($1.22).

Serica Energy Company Profile

Serica Energy plc engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. The company holds exploration, development, and production assets in the United Kingdom, as well as exploration interests in the Atlantic margins offshore Ireland and Namibia; and an 18% non-operated interest in the Erskine field in the Central North Sea.

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