The Nostrum Oil & Gas PLC (NOG) Rating Reiterated by Peel Hunt

The Nostrum Oil & Gas PLC (NOG) Rating Reiterated by Peel Hunt

Other equities research analysts have also recently issued reports about the stock. GMP Securities reissued a “buy” rating on shares of Nostrum Oil & Gas PLC in a research report on Tuesday, January 31st. Panmure Gordon boosted their price target on shares of Nostrum Oil & Gas PLC from GBX 500 ($6.42) to GBX 600 ($7.71) and gave the stock a “buy” rating in a research report on Tuesday, January 31st. Deutsche Bank AG reissued a “buy” rating and set a GBX 570 ($7.32) price target on shares of Nostrum Oil & Gas PLC in a research report on Tuesday, April 18th. Finally, Credit Suisse Group AG boosted their price target on shares of Nostrum Oil & Gas PLC from GBX 535 ($6.87) to GBX 545 ($7.00) and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. Six research analysts have rated the stock with a buy rating, Nostrum Oil & Gas PLC presently has an average rating of “Buy” and a consensus target price of GBX 603 ($7.75).

Nostrum Oil & Gas PLC (LON:NOG)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a report issued on Wednesday, May 24th. They presently have a GBX 700 ($8.99) target price on the stock. Peel Hunt’s target price points to a potential upside of 34.62% from the company’s previous close.

Shares of Nostrum Oil & Gas PLC (LON NOG) opened at 505.00 on Wednesday. The company’s 50 day moving average price is GBX 478.84 and its 200 day moving average price is GBX 457.17. 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 935.43 million.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:NOG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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