Rockhopper Exploration (LSE:RKH) Price Target Sees 8.86% Boost to 32.90

April 23, 2023 — 09:32 pm EDT

Authored by Financial Analyst for Crypto Insights

The consensus one-year price target for Rockhopper Exploration (LSE:RKH) has been adjusted upward to 32.90 per share. This represents an 8.86% increase from the previous estimate of 30.22 dated April 6, 2023.

This price target is derived from an aggregation of various analysts’ projections. The range of latest targets spans from a conservative 22.22 to an optimistic 42.00 per share. The average price target suggests a potential upside of 181.15% from the most recent closing price of 11.70 per share.

Fund Sentiment Analysis

Currently, 4 funds or institutions hold positions in Rockhopper Exploration. This marks a reduction of 1 owner(s) or 20.00% compared to the previous quarter. The average portfolio weighting allocated to RKH across all funds stands at 0.01%, reflecting a 34.66% decrease. The total number of shares owned by institutions has declined by 15.96% over the last three months, now totaling 2,765K shares.

Institutional Shareholders’ Movements

HWSIX - Hotchkis & Wiley Small Cap Value Fund Class I maintains a position of 2,566K shares, accounting for 0.44% ownership of the company. In its previous filing, the fund reported holding 3,066K shares, indicating a 19.48% reduction. The fund has decreased its portfolio allocation in RKH by 45.81% over the last quarter.

DFIEX - International Core Equity Portfolio - Institutional Class holds 104K shares, representing 0.02% ownership of the company. No changes were reported in the last quarter.

DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Targeted Value Portfolio Institutional Class maintains a position of 90K shares, equating to 0.02% ownership of the company. No changes were reported in the last quarter.

DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Core Equity Portfolio Institutional Class Shares holds 4K shares, representing a minimal ownership percentage. No changes were reported in the last quarter.

For comprehensive information on Rockhopper Exploration’s regulatory filings, interested parties are encouraged to consult the official documentation.

This report is an adaptation of content originally published on a financial news platform.