Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 95.50% working interest in the PL003a production license; 60.50% working interest in PL003b production license; and 100% working interest in PL005 production license in North Falkland Basin. It also holds 100% working interest in the PL011, PL012, and PL014 production licenses in the South Falkland Basin. Rockhopper Exploration plc was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.
Target Price
The average target price of RKH.L is 101 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell