Peel Hunt reiterated their buy rating on shares of Nostrum Oil & Gas PLC (LON:NOG) in a research note published on Wednesday, October 18th. Peel Hunt currently has a GBX 650 ($8.58) price objective on the stock.
Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG cut Nostrum Oil & Gas PLC to a hold rating and decreased their price target for the company from GBX 600 ($7.92) to GBX 540 ($7.13) in a research report on Thursday, July 6th. Credit Suisse Group decreased their price target on Nostrum Oil & Gas PLC from GBX 545 ($7.19) to GBX 460 ($6.07) and set an outperform rating on the stock in a research report on Tuesday, September 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 544 ($7.18).
Shares of Nostrum Oil & Gas PLC (LON:NOG) traded up 1.49% during mid-day trading on Wednesday, reaching GBX 380.60. 86,142 shares of the company were exchanged. The stock’s market capitalization is GBX 705.00 million. The firm has a 50-day moving average price of GBX 391.98 and a 200 day moving average price of GBX 437.00. Nostrum Oil & Gas PLC has a 12 month low of GBX 343.25 and a 12 month high of GBX 535.00.
COPYRIGHT VIOLATION NOTICE: “Peel Hunt Reaffirms Buy Rating for Nostrum Oil & Gas PLC (LON:NOG)” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/28/nostrum-oil-gas-plc-nog-receives-buy-rating-from-peel-hunt.html.
Nostrum Oil & Gas PLC Company Profile
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.
Receive News & Ratings for Nostrum Oil & Gas PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nostrum Oil & Gas PLC and related companies with MarketBeat.com's FREE daily email newsletter.