Rating to Follow: finnCap Reiterates GBX 87.00 TP On Sound Energy PLC (LON:SOU), Reiterates Buy Rating

November 29, 2016 - By Marguerite Chambers

Sound Energy PLC (LON:SOU) Rating

finnCap currently has a GBX 87.00 target price per share on the 429.30 million GBP market cap company or 17.57% upside potential. In a research note published on Tuesday morning, Sound Energy PLC (LON:SOU) stock had its Buy Rating reaffirmed by professional analysts at finnCap.

Sound Energy PLC (LON:SOU) Ratings Coverage

Out of 2 analysts covering Sound Oil PLC (LON:SOU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 104 is the highest target while GBX 23 is the lowest. The GBX 94 average target is 26.60% above today’s (GBX 74.25) stock price. Sound Oil PLC has been the topic of 66 analyst reports since September 7, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, February 5 by FinnCap. The stock of Sound Energy PLC (LON:SOU) has “Buy” rating given on Thursday, July 7 by Cantor Fitzgerald. Cantor Fitzgerald maintained the shares of SOU in a report on Monday, March 14 with “Buy” rating. On Thursday, March 10 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The stock has “Buy” rating given by FinnCap on Thursday, September 15. The firm has “Buy” rating given on Thursday, September 15 by Cantor Fitzgerald. The company was maintained on Monday, September 19 by Cantor Fitzgerald. FinnCap maintained Sound Energy PLC (LON:SOU) on Wednesday, December 16 with “Buy” rating. As per Thursday, June 2, the company rating was maintained by Cantor Fitzgerald. The firm has “Buy” rating given on Thursday, July 7 by FinnCap.

About 2.80M shares traded hands. Sound Energy PLC (LON:SOU) has risen 343.80% since April 29, 2016 and is uptrending. It has outperformed by 338.54% the S&P500.

Sound Energy plc is a Mediterranean upstream company. The company has a market cap of 429.73 million GBP. The principal activity of the Company and its subsidiaries is the exploration, appraisal and development to production as an operator in the gas and oil industry. It currently has negative earnings. The Company’s principal activity is in Italy and Morocco.

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