Other equities analysts have also issued research reports about the company. Numis Securities cut their price target on Nostrum Oil & Gas from GBX 560 ($7.74) to GBX 540 ($7.46) and set a buy rating on the stock in a research note on Tuesday, October 31st. Credit Suisse Group restated an outperform rating and set a GBX 450 ($6.22) price target on shares of Nostrum Oil & Gas in a research note on Thursday, December 7th. Finally, Deutsche Bank dropped their price objective on Nostrum Oil & Gas from GBX 385 ($5.32) to GBX 350 ($4.84) and set a hold rating on the stock in a research report on Wednesday, January 31st. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 470 ($6.49).
Nostrum Oil & Gas (LON NOG) opened at GBX 272 ($3.76) on Monday. The company has a market capitalization of $510.50 and a price-to-earnings ratio of -2,720.00. Nostrum Oil & Gas has a 52 week low of GBX 244 ($3.37) and a 52 week high of GBX 535 ($7.39).
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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