Lundin Energy AB (publ) (OTCMKTS:LNDNF) Given Consensus Rating of “Hold” by Brokerages

Shares of Lundin Energy AB (publ) (OTCMKTS:LNDNFGet Rating) have received a consensus rating of “Hold” from the thirteen analysts that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $368.33.

Several research firms have issued reports on LNDNF. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lundin Energy AB (publ) from SEK 369 to SEK 384 and gave the company a “hold” rating in a report on Wednesday, March 23rd. JPMorgan Chase & Co. boosted their target price on shares of Lundin Energy AB (publ) from SEK 378 to SEK 407 and gave the stock a “neutral” rating in a research note on Monday. Finally, Berenberg Bank boosted their target price on shares of Lundin Energy AB (publ) from SEK 360 to SEK 400 and gave the stock a “hold” rating in a research note on Friday, April 29th.

Shares of LNDNF remained flat at $$44.00 during trading hours on Friday. The stock’s 50 day simple moving average is $41.43 and its 200-day simple moving average is $39.27. Lundin Energy AB has a twelve month low of $29.00 and a twelve month high of $44.00.

Lundin Energy AB (publ) Company Profile (Get Rating)

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.

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Analyst Recommendations for Lundin Energy AB (publ) (OTCMKTS:LNDNF)

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