Share on StockTwits
 

Heritage Oil (LON:HOIL)‘s stock had its “buy” rating reaffirmed by investment analysts at Northland Capital Partners in a note issued to investors on Friday, AnalystRatings.NET reports. They currently have a GBX 238 ($3.90) price objective on the stock. Northland Capital Partners’ price target would suggest a potential upside of 17.97% from the stock’s previous close.

Shares of Heritage Oil (LON:HOIL) traded up 1.09% on Friday, hitting GBX 201.415. The stock had a trading volume of 1,658,067 shares. Heritage Oil has a one year low of GBX 121.70 and a one year high of GBX 212.709. The stock has a 50-day moving average of GBX 174.7 and a 200-day moving average of GBX 173.7. The company’s market cap is £519.6 million.

A number of other analysts have also recently weighed in on HOIL. Analysts at UBS AG raised their price target on shares of Heritage Oil from GBX 220 ($3.61) to GBX 225 ($3.69) in a research note on Wednesday, January 22nd. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Heritage Oil from GBX 310 ($5.09) to GBX 265 ($4.35) in a research note on Wednesday, January 15th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Heritage Oil in a research note on Thursday, January 9th. They now have a GBX 245 ($4.02) price target on the stock. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 223.67 ($3.67).

Heritage Oil Plc is an independent international oil and gas exploration, development and production company in Africa, the Middle East, Russia and South Asia.

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.