Panmure Gordon Reaffirms “Buy” Rating for Wentworth Resources (WRL)
Wentworth Resources (LON:WRL)‘s stock had its “buy” rating restated by equities research analysts at Panmure Gordon in a research note issued to investors on Tuesday. They currently have a GBX 70 ($1.17) price target on the stock. Panmure Gordon’s price target would suggest a potential upside of 60.00% from the company’s current price.
Separately, analysts at Investec reiterated a “buy” rating on shares of Wentworth Resources in a research note on Monday, June 23rd. They now have a GBX 65 ($1.09) price target on the stock.
Shares of Wentworth Resources (LON:WRL) opened at 43.749 on Tuesday. Wentworth Resources has a 52-week low of GBX 39.9202 and a 52-week high of GBX 64.7705. The stock’s 50-day moving average is GBX 48.61 and its 200-day moving average is GBX 47.36.
Wentworth Resources Ltd, formerly Artumas Group Inc, is a Tanzania-based company, engaged in the exploration and production of oil and natural gas.
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