Peel Hunt reiterated their buy rating on shares of Nostrum Oil & Gas (LON:NOG) in a research note issued to investors on Monday morning. Peel Hunt currently has a GBX 510 ($7.05) target price on the stock.
A number of other equities research analysts have also weighed in on the stock. Deutsche Bank dropped their price objective on shares of Nostrum Oil & Gas from GBX 385 ($5.32) to GBX 350 ($4.84) and set a hold rating on the stock in a report on Wednesday, January 31st. Numis Securities reissued a buy rating and set a GBX 440 ($6.08) price objective on shares of Nostrum Oil & Gas in a report on Tuesday, January 30th. Finally, Credit Suisse Group reissued an outperform rating and set a GBX 450 ($6.22) price objective on shares of Nostrum Oil & Gas in a report on Thursday, December 7th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Nostrum Oil & Gas currently has an average rating of Buy and a consensus target price of GBX 470 ($6.49).
Nostrum Oil & Gas (LON:NOG) opened at GBX 261 ($3.61) on Monday. The company has a market capitalization of $492.45 and a PE ratio of -2,610.00. Nostrum Oil & Gas has a 1 year low of GBX 244 ($3.37) and a 1 year high of GBX 535 ($7.39).
About Nostrum Oil & Gas
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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