Nostrum Oil & Gas PLC (LON:NOG) Rating Reiterated by Credit Suisse Group

Credit Suisse Group reiterated their outperform rating on shares of Nostrum Oil & Gas PLC (LON:NOG) in a report released on Friday, November 3rd, Marketbeat reports. They currently have a GBX 450 ($5.92) price objective on the stock.

Other research analysts have also recently issued reports about the company. Numis Securities Ltd lowered their price objective on Nostrum Oil & Gas PLC from GBX 560 ($7.37) to GBX 540 ($7.10) and set a buy rating for the company in a research report on Tuesday, October 31st. Peel Hunt reissued a buy rating and issued a GBX 635 ($8.35) target price on shares of Nostrum Oil & Gas PLC in a report on Tuesday, October 31st. Finally, Deutsche Bank AG downgraded Nostrum Oil & Gas PLC to a hold rating and reduced their target price for the company from GBX 600 ($7.89) to GBX 540 ($7.10) in a report on Thursday, July 6th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 528 ($6.94).

Nostrum Oil & Gas PLC (LON NOG) traded down GBX 19.40 ($0.26) on Friday, reaching GBX 340.70 ($4.48). The company had a trading volume of 587,754 shares, compared to its average volume of 158,167. Nostrum Oil & Gas PLC has a 1 year low of GBX 345.70 ($4.55) and a 1 year high of GBX 535 ($7.04).

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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.

Analyst Recommendations for Nostrum Oil & Gas PLC (LON:NOG)

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