UK markets open in 1 hour 36 minutes
  • NIKKEI 225

    26,433.08
    -371.52 (-1.39%)
     
  • HANG SENG

    22,055.01
    +58.12 (+0.26%)
     
  • CRUDE OIL

    109.81
    +0.03 (+0.03%)
     
  • GOLD FUTURES

    1,816.50
    -1.00 (-0.06%)
     
  • DOW

    31,029.31
    +82.32 (+0.27%)
     
  • BTC-GBP

    16,482.21
    -312.58 (-1.86%)
     
  • CMC Crypto 200

    429.51
    -10.15 (-2.31%)
     
  • ^IXIC

    11,177.89
    -3.65 (-0.03%)
     
  • ^FTAS

    4,019.53
    -15.71 (-0.39%)
     

Brokers bullish on Gulf Keystone Petroleum shares

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

The Gulf Keystone Petroleum (LON:GKP) share price has risen by 3.39% over the past month and it’s currently trading at 274.5p. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Gulf Keystone Petroleum currently has:

  • 3 Buy recommendations

  • 1 Hold recommendations

  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:GKP »

Researching beyond analyst forecasts

At its current price of 274.5p, shares in Gulf Keystone Petroleum are trading at a discount of -14.5% to its 52 week high price. The 1-year performance of the shares has been 47.6%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Gulf Keystone Petroleum it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Gulf Keystone Petroleum that you can find out about here.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting