Nostrum Oil & Gas PLC’s (NOG) Buy Rating Reaffirmed at Peel Hunt
A number of other research firms have also recently commented on NOG. Deutsche Bank AG cut their target price on shares of Nostrum Oil & Gas PLC from GBX 540 ($7.13) to GBX 450 ($5.94) and set a hold rating for the company in a research note on Wednesday, August 30th. Numis Securities Ltd cut their target price on shares of Nostrum Oil & Gas PLC from GBX 600 ($7.92) to GBX 560 ($7.39) and set a buy rating for the company in a research note on Thursday, October 19th. Finally, Credit Suisse Group cut their target price on shares of Nostrum Oil & Gas PLC from GBX 545 ($7.19) to GBX 460 ($6.07) and set an outperform rating for the company in a research note on Tuesday, September 19th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Nostrum Oil & Gas PLC has a consensus rating of Buy and an average target price of GBX 537 ($7.09).
Nostrum Oil & Gas PLC (LON:NOG) traded up 0.29% on Tuesday, hitting GBX 377.50. 37,020 shares of the company’s stock traded hands. Nostrum Oil & Gas PLC has a one year low of GBX 343.25 and a one year high of GBX 535.00. The stock has a 50-day moving average of GBX 391.57 and a 200-day moving average of GBX 435.27. The stock’s market cap is GBX 699.26 million.
About Nostrum Oil & Gas PLC
Nostrum Oil & Gas PLC (Nostrum) is an independent oil and gas company. The Company is engaged in the production, development and exploration of oil and gas in the pre-Caspian Basin. The Company’s range of products includes crude oil, stabilized liquid condensate, liquefied petroleum gas (LPG) and dry gas.
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