Wentworth Resources (WRL) Earns “Buy” Rating from Peel Hunt
Wentworth Resources (LON:WRL)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research note issued on Wednesday. They currently have a GBX 40 ($0.54) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 48.15% from the stock’s current price.
Separately, FinnCap restated a “buy” rating and issued a GBX 55 ($0.74) price target on shares of Wentworth Resources in a report on Friday, November 10th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 40.33 ($0.54).
Wentworth Resources (WRL) opened at GBX 27 ($0.36) on Wednesday. Wentworth Resources has a fifty-two week low of GBX 20 ($0.27) and a fifty-two week high of GBX 34.99 ($0.47).
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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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