Energean (LON: ENOG) stock price is up 27.4% last month and is currently trading at 866.652. For investors who are considering whether to buy, hold or sell the stock, the question now arises whether this price trend will continue.
According to the company’s analysts, there are certainly reasons to believe that the company will continue to perform well in the coming year. In terms of trading recommendations, Energean currently has:
This suggests that analysts are generally positive about the outlook.
GET MORE DATA-DRIVEN INSIGHTS IN LON: ENOG »
Research beyond analyst predictions
At the current price of 866.652, shares of Energean are trading at a discount of -4.55% from the 52-week high. The 1-year performance of the shares was 5.05%.
While analyst forecasting can be a useful guide to what City pundits think of a stock’s near-term future, it can be unreliable. To get a better idea of Energean’s strengths and weaknesses, it is worth doing your own research. In fact, we’ve identified a few problem areas with Energean that you can find out here.
Alternatively, if you want to find more stocks that analysts are bullish on, this Positive Momentum & amp; Broker buys screen.