MAGNOLIA PETROLEUM PLC ORD SHS 0.1P’s Buy Rating Reaffirmed at 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 Thursday, American Banking News reports. They currently have a GBX 4.60 ($0.08) target price on the stock. Northland Capital Partners’ price objective would indicate a potential upside of 92.15% from the stock’s previous close.
Shares of MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP) traded down 0.25% on Thursday, hitting GBX 2.394. 1,175,679 shares of the company’s stock traded hands. MAGNOLIA PETROLEUM PLC ORD SHS 0.1P has a 1-year low of GBX 2.07 and a 1-year high of GBX 3.80. The stock has a 50-day moving average of GBX 2.5 and a 200-day moving average of GBX 2.53.
A number of other firms have also recently commented on MAGP. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of MAGNOLIA PETROLEUM PLC ORD SHS 0.1P in a research note to investors on Thursday, December 12th.
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