Petroneft Resources PLC’s “Buy” Rating Reaffirmed at Goodbody Stockbrokers Ltd (PTR)
Petroneft Resources PLC (LON:PTR)‘s stock had its “buy” rating restated by stock analysts at Goodbody Stockbrokers Ltd in a report issued on Tuesday, Stock Ratings Network reports.
PTR has been the subject of a number of other recent research reports. Analysts at Davy Research reiterated an “outperform” rating on shares of Petroneft Resources PLC in a research note on Wednesday, April 2nd. Analysts at Canaccord Genuity downgraded shares of Petroneft Resources PLC to a “hold” rating in a research note on Wednesday, January 15th. They now have a GBX 6 ($0.10) price target on the stock, down previously from GBX 9 ($0.15).
Petroneft Resources PLC (LON:PTR) opened at 5.747 on Tuesday. Petroneft Resources PLC has a 52 week low of GBX 2.51 and a 52 week high of GBX 6.45. The stock has a 50-day moving average of GBX 5.84 and a 200-day moving average of GBX 4.96.
PetroNeft Resources Plc is an oil and gas exploration and production company, focused on Russia. The Company has interests in 4,991 square kilometers oil and gas license (LON:PTR) in the Tomsk Oblast in Russia and a 50% operating interest in 2,447 square kilometers oil and gas license (License 67)in Tomsk Oblast.
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