Westhouse Securities Reaffirms Buy Rating for Northern Petroleum Plc (NOP)
Northern Petroleum Plc (LON:NOP)‘s stock had its “buy” rating reissued by Westhouse Securities in a research note issued on Thursday. They currently have a GBX 100 ($1.66) price target on the stock, down from their previous price target of GBX 110 ($1.83). Westhouse Securities’ price objective suggests a potential upside of 396.89% from the company’s current price.
Shares of Northern Petroleum Plc (LON:NOP) traded down 1.86% on Thursday, hitting GBX 19.75. 232,975 shares of the company’s stock traded hands. Northern Petroleum Plc has a 1-year low of GBX 19.00 and a 1-year high of GBX 42.00. The stock’s 50-day moving average is GBX 21.14 and its 200-day moving average is GBX 24.94.
Northern Petroleum Plc is a United Kingdom-based oil and gas exploration company. It is engaged in exploration, development and production of oil and gas assets.