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Tower Resources PLC (LON:TRP)‘s stock had its “hold” rating reiterated by Northland Capital Partners in a research note issued on Tuesday.

Shares of Tower Resources PLC (LON:TRP) traded down 3.08% during mid-day trading on Tuesday, hitting GBX 3.15. 36,537,408 shares of the company’s stock traded hands. Tower Resources PLC has a 1-year low of GBX 1.157 and a 1-year high of GBX 6.695. The stock’s 50-day moving average is GBX 3.55 and its 200-day moving average is GBX 4.13.

Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Securities reiterated a “hold” rating on shares of Tower Resources PLC in a research note on Wednesday, May 21st. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Tower Resources PLC in a research note on Friday, March 14th. They now have a GBX 240 ($4.02) price target on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 82.73 ($1.39).

Tower Resources Plc is an independent oil and gas exploration company. The Company has targeted exploration licenses, focused on Africa.

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