Beaufort Securities Reiterates “Speculative Buy” Rating for MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (MAGP)
MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP)‘s stock had its “speculative buy” rating reaffirmed by equities researchers at Beaufort Securities in a research report issued on Friday, ARN reports.
A number of other firms have also recently commented on MAGP. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of MAGNOLIA PETROLEUM PLC ORD SHS 0.1P in a research note to investors on Thursday. They now have a GBX 4.60 ($0.08) price target on the stock.
MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP) opened at 2.30 on Friday. MAGNOLIA PETROLEUM PLC ORD SHS 0.1P has a one year low of GBX 2.07 and a one year high of GBX 3.80. The stock’s 50-day moving average is GBX 2.49 and its 200-day moving average is GBX 2.53.
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