Share on StockTwits

MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP)‘s stock had its “speculative buy” rating reiterated by research analysts at Beaufort Securities in a report released on Friday, American Banking News reports.

MAGNOLIA PETROLEUM PLC ORD SHS 0.1P (LON:MAGP) opened at 2.1275 on Friday. The stock’s 50-day moving average is GBX 2.36 and its 200-day moving average is GBX 2.5.

Other equities research analysts have also recently issued reports about the stock. 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.