Separately, Canaccord Genuity reissued a buy rating and issued a GBX 95 ($1.24) price target on shares of Rockhopper Exploration in a report on Wednesday, September 19th.
Shares of RKH traded up GBX 1.20 ($0.02) during trading hours on Monday, hitting GBX 23.70 ($0.31). The stock had a trading volume of 855,001 shares, compared to its average volume of 851,249. Rockhopper Exploration has a fifty-two week low of GBX 17.75 ($0.23) and a fifty-two week high of GBX 28 ($0.37).
Rockhopper Exploration Company Profile
Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 95.50% interests in the PL003a production licenses; 60.50% interests in PL003b production licenses; 64.00% interests in PL004a, PL004b, and PL004c production licenses; 100% interests in PL005 production licenses; 40% interests in PL032 and PL033 production licenses in North Falkland Basin; and 100% interest in PL010-PL016, PL025-PL029, and PL031 production licenses.
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