Nostrum Oil & Gas PLC (NOG) Price Target Cut to GBX 450 by Analysts at Deutsche Bank AG
Nostrum Oil & Gas PLC (LON:NOG) had its price target reduced by Deutsche Bank AG from GBX 540 ($6.98) to GBX 450 ($5.82) in a research note published on Wednesday. Deutsche Bank AG currently has a hold rating on the stock.
Separately, Peel Hunt restated a buy rating and issued a GBX 700 ($9.05) price target on shares of Nostrum Oil & Gas PLC in a research note on Thursday, June 29th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 565 ($7.31).
Nostrum Oil & Gas PLC (LON:NOG) opened at 374.60 on Wednesday. Nostrum Oil & Gas PLC has a one year low of GBX 255.00 and a one year high of GBX 535.00. The stock’s market capitalization is GBX 693.89 million. The company’s 50-day moving average is GBX 414.36 and its 200 day moving average is GBX 462.15.
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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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