Nostrum Oil & Gas PLC (NOG) Stock Rating Reaffirmed by Peel Hunt
Nostrum Oil & Gas PLC (LON:NOG)‘s stock had its “buy” rating restated by Peel Hunt in a report released on Friday.
Several other research firms have also recently weighed in on NOG. Credit Suisse Group decreased their target price on shares of Nostrum Oil & Gas PLC from GBX 545 ($7.17) to GBX 460 ($6.05) and set an “outperform” rating for the company in a research note on Tuesday, September 19th. Numis Securities Ltd decreased their target price on shares of Nostrum Oil & Gas PLC from GBX 600 ($7.89) to GBX 560 ($7.37) and set a “buy” rating for the company in a research note on Thursday, October 19th. Finally, Deutsche Bank AG decreased their target price on shares of Nostrum Oil & Gas PLC from GBX 540 ($7.10) to GBX 450 ($5.92) and set a “hold” rating for the company in a research note on Wednesday, August 30th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 535 ($7.04).
Nostrum Oil & Gas PLC (NOG) opened at GBX 350.30 ($4.61) on Friday. Nostrum Oil & Gas PLC has a 52 week low of GBX 347 ($4.56) and a 52 week high of GBX 535 ($7.04).
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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.
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