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Magnolia Petroleum Plc (LON:MAGP)‘s stock had its “buy” rating restated by Northland Securities in a research note issued on Wednesday, ARN reports.

Magnolia Petroleum Plc (LON:MAGP) traded up 6.72% on Wednesday, hitting GBX 1.35. 7,127,503 shares of the company’s stock traded hands. Magnolia Petroleum Plc has a one year low of GBX 1.21 and a one year high of GBX 3.15. The stock has a 50-day moving average of GBX 1.91 and a 200-day moving average of GBX 2.27.

A number of other analysts have also recently weighed in on MAGP. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Magnolia Petroleum Plc in a research note on Tuesday, May 6th. Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Magnolia Petroleum Plc in a research note on Tuesday, April 15th.

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