Wentworth Resources (WRL) Rating Reiterated by Peel Hunt
Wentworth Resources (LON:WRL)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a report issued on Friday. They currently have a GBX 40 ($0.54) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 42.86% from the stock’s previous close.
Separately, FinnCap reiterated a “buy” rating and set a GBX 55 ($0.75) 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. Wentworth Resources has a consensus rating of “Buy” and an average price target of GBX 40.33 ($0.55).
Shares of Wentworth Resources (LON:WRL) opened at GBX 28 ($0.38) on Friday. Wentworth Resources has a 1-year low of GBX 20 ($0.27) and a 1-year high of GBX 33.70 ($0.46).
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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