Canaccord Genuity Starts GeoPark (GPRK) at Buy

Canaccord Genuity initiates coverage on GeoPark (NYSE: GPRK) with a Buy rating and a price target of $11.50.

Analyst Jenny Xenos sees potential for significant growth and exploration catalysts in the NT. The analyst likes the following five characteristics of the company:

1. Diversified and risk-balanced portfolio,
2. Experience of the committed management team,
3. Quality track record of growth coupled with value creation,
4. Visibility on the company's growth strategy and,
5. The attractive valuation.

For an analyst ratings summary and ratings history on GeoPark click here. For more ratings news on GeoPark click here.

Shares of GeoPark closed at $8.29 yesterday.

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