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Northern Petroleum (LON:NOP)‘s stock had its “buy” rating restated by investment analysts at Nplus1 Brewin in a note issued to investors on Friday, ARN reports. They currently have a GBX 110 ($1.85) target price on the stock. Nplus1 Brewin’s price target points to a potential upside of 348.98% from the company’s current price.

Northern Petroleum (LON:NOP) opened at 24.50 on Friday. Northern Petroleum has a 52 week low of GBX 22.045 and a 52 week high of GBX 42.00. The stock has a 50-day moving average of GBX 25.7 and a 200-day moving average of GBX 30.89.

Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of Northern Petroleum in a research note on Friday. They now have a GBX 110 ($1.85) price target on the stock.

Northern Petroleum Plc is a United Kingdom-based oil and gas exploration company. It is engaged in exploration, development and production of oil and gas assets.

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