Wentworth Resources Ltd (LON:WRL) Receives GBX 45.50 Consensus Target Price from Analysts
Wentworth Resources Ltd (LON:WRL) has received a consensus rating of “Buy” from the five analysts that are currently covering the stock. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 45.50 ($0.59).
A number of research analysts recently weighed in on the company. FinnCap reissued a “buy” rating and issued a GBX 59 ($0.77) price objective on shares of Wentworth Resources in a research note on Wednesday, June 22nd. Canaccord Genuity downgraded Wentworth Resources to a “speculative buy” rating and cut their price objective for the company from GBX 45 ($0.59) to GBX 40 ($0.52) in a research note on Thursday, August 25th.
Wentworth Resources (LON:WRL) opened at 25.375 on Thursday. Wentworth Resources has a 52 week low of GBX 24.00 and a 52 week high of GBX 34.94. The company has a 50-day moving average of GBX 25.87 and a 200-day moving average of GBX 28.77. The stock’s market cap is GBX 43.02 million.
Wentworth Resources Company Profile
Wentworth Resources Limited is an energy company with gas reserves and exploration potential in the Rovuma Basin of southern Tanzania and northern Mozambique. The Company has Rovuma Basin portfolio with producing natural gas reserves and prospective natural gas resources; gas processing and pipeline assets; multiple large-scale gas monetization projects in development, and ongoing exploration evaluation and development drilling programs.
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