MAGNOLIA PETROLEUM PLC ORD SHS 0.1P Rating Reiterated by Northland Capital Partners (MAGP)
MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP)‘s stock had its “buy” rating reaffirmed by stock analysts at Northland Capital Partners in a report issued on Monday, Stock Ratings Network.com reports. They currently have a GBX 4.60 ($0.07) target price on the stock. Northland Capital Partners’ price target points to a potential upside of 60.84% from the stock’s previous close.
MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP) remained flat at GBX 2.80 during trading on Monday. 6,985,858 shares of the company’s stock traded hands. MAGNOLIA PETROLEUM PLC ORD SHS 0.1P has a 52-week low of GBX 2.07 and a 52-week high of GBX 5.15. The stock has a 50-day moving average of GBX 2.3 and a 200-day moving average of GBX 2.61.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP) in a research note to investors on Thursday, September 5th.
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