Wentworth Resources Ltd (WRL) Given Buy Rating at FinnCap
FinnCap reissued their buy rating on shares of Wentworth Resources Ltd (LON:WRL) in a research note issued to investors on Monday. The brokerage currently has a GBX 55 ($0.74) price target on the stock.
WRL has been the topic of a number of other research reports. GMP Securities reaffirmed a buy rating on shares of Wentworth Resources in a report on Thursday, August 10th. Canaccord Genuity lowered Wentworth Resources to a hold rating and lowered their target price for the company from GBX 43 ($0.58) to GBX 26 ($0.35) in a report on Wednesday, May 31st. Finally, Panmure Gordon reaffirmed an under review rating on shares of Wentworth Resources in a report on Wednesday, May 31st.
Shares of Wentworth Resources (LON:WRL) opened at 21.50 on Monday. The company’s 50 day moving average price is GBX 21.33 and its 200 day moving average price is GBX 23.75. The firm’s market capitalization is GBX 40.09 million. Wentworth Resources has a 52-week low of GBX 20.11 and a 52-week high of GBX 34.99.
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About Wentworth Resources
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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