Jefferies reinstated coverage of Serica Energy with a Buy rating and 340 GBp price target. The analyst says the company’s oil versus gas price moves since the Tailwind acquisition are supportive to the rationale for adding liquids production.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly