TransAtlantic Petroleum Ltd (TNP) Earns Speculative Buy Rating from TD Securities
TD Securities reissued their speculative buy rating on shares of TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT) in a research report released on Friday, StockTargetPrices.com reports. TD Securities currently has a C$2.75 price target on the stock.
Shares of TransAtlantic Petroleum (TSE:TNP) opened at 1.24 on Friday. The company’s 50 day moving average price is $1.47 and its 200 day moving average price is $1.24. TransAtlantic Petroleum has a 12-month low of $0.71 and a 12-month high of $2.68. The firm’s market cap is $58.10 million.
About TransAtlantic Petroleum
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.
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