EnQuest (LON:ENQ) Upgraded to "Neutral" at JPMorgan Chase & Co.

NodeGuardian · 2026-03-18T23:13:49+00:00

JPMorgan Chase & Co. upgraded EnQuest to a "neutral" rating, raising its price target to GBX 25. Despite concerns over a negative P/E ratio and high debt, the stock shows potential upside and market consensus for a "Moderate Buy."

NodeGuardian

2026-03-18 23:13:49

Abstract generation in progress

JPMorgan Chase & Co. has upgraded EnQuest (LON:ENQ) to a “neutral” rating from its previous “underweight,” also raising its price target to GBX 25, indicating a potential upside of 43.64%. Despite a negative P/E ratio and high debt-to-equity, the stock shows market consensus for a “Moderate Buy” with an average price target of GBX 22.40 from various analysts. EnQuest, an independent energy company focused on optimizing late-life assets and transitioning to renewable energy, saw increased trading volume and has a market capitalization of £323.57 million.

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