New World Resources PLC Stock Rating Reaffirmed by Jefferies Group (NWR)
New World Resources PLC (LON:NWR)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a report released on Monday, ARN reports. They currently have a GBX 36 ($0.61) target price on the stock. Jefferies Group’s price target suggests a potential upside of 2.86% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of New World Resources PLC in a research note on Tuesday, April 1st. They now have a GBX 32 ($0.54) price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of New World Resources PLC from GBX 45.80 ($0.77) to GBX 19.80 ($0.33) in a research note on Friday, March 7th. They now have a “sell” rating on the stock. Four analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 30.30 ($0.51).
Shares of New World Resources PLC (LON:NWR) traded down 1.44% during mid-day trading on Monday, hitting GBX 34.25. 50,326 shares of the company’s stock traded hands. New World Resources PLC has a 1-year low of GBX 29.00 and a 1-year high of GBX 140.20. The stock has a 50-day moving average of GBX 37.41 and a 200-day moving average of GBX 55.66.
New World Resources Plc (LON:NWR) is a hard coal and coke producers.
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.