Nostrum Oil & Gas PLC (NOG) Downgraded by Credit Suisse Group AG to Neutral
Credit Suisse Group AG lowered shares of Nostrum Oil & Gas PLC (LON:NOG) to a neutral rating in a research note issued to investors on Tuesday morning. They currently have GBX 440 ($5.46) price target on the stock, up from their previous price target of GBX 415 ($5.15).
Several other analysts have also issued reports on NOG. Deutsche Bank AG reiterated a hold rating and set a GBX 360 ($4.47) price target on shares of Nostrum Oil & Gas PLC in a research report on Friday, August 26th. Numis Securities Ltd reiterated a buy rating and set a GBX 600 ($7.44) price target on shares of Nostrum Oil & Gas PLC in a research report on Wednesday, November 23rd. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Nostrum Oil & Gas PLC presently has an average rating of Hold and an average target price of GBX 446.17 ($5.53).
Shares of Nostrum Oil & Gas PLC (LON:NOG) opened at 427.00 on Tuesday. Nostrum Oil & Gas PLC has a 12 month low of GBX 203.00 and a 12 month high of GBX 445.75. The company’s market cap is GBX 789.22 million. The firm’s 50 day moving average is GBX 363.08 and its 200 day moving average is GBX 312.52.
COPYRIGHT VIOLATION NOTICE: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this piece can be accessed at https://www.thecerbatgem.com/2016/11/30/nostrum-oil-gas-plc-nog-downgraded-by-credit-suisse-group-ag-to-neutral.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 & Stock 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 stocks with our FREE daily email newsletter.