Sound Oil PLC Receives Add Rating from Westhouse Securities (SOU)
Sound Oil PLC (LON:SOU)‘s stock had its “add” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Friday, American Banking News reports. They currently have a GBX 7 ($0.12) price objective on the stock. Westhouse Securities’ target price suggests a potential downside of 1.41% from the company’s current price.
Sound Oil PLC (LON:SOU) opened at 7.10 on Friday. Sound Oil PLC has a 1-year low of GBX 4.50 and a 1-year high of GBX 13.448. The stock’s 50-day moving average is GBX 6.01 and its 200-day moving average is GBX 6.32.
Sound Oil plc is an independent oil and gas company. The Company, through its subsidiaries, is engaged in the principal activities of oil and gas exploration, development and production.
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