Sound Oil plc Given Speculative Buy Rating at Beaufort Securities (SOU)
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Sound Oil plc in a research note on Wednesday, July 23rd. They now have a GBX 14 ($0.24) price target on the stock.
Sound Oil plc (LON:SOU) traded up 0.83% during mid-day trading on Wednesday, hitting GBX 12.10. 1,982,263 shares of the company’s stock traded hands. Sound Oil plc has a one year low of GBX 4.50 and a one year high of GBX 14.00. The stock’s 50-day moving average is GBX 11.30 and its 200-day moving average is GBX 7.7.
Sound Oil plc is an Italian focused small cap oil and gas exploration company. In May 2013, the Company commenced production at the onshore Rapagnano field in central Italy, and in September 2013, it drilled and tested the Nervesa gas discovery in northern Italy.
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