Imperial Capital Reiterates In-Line Rating for Northern Oil & Gas, Inc. (NOG)
Separately, Capital One Financial Corporation cut Northern Oil & Gas from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 21st. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock has an average rating of “Hold” and a consensus target price of $3.25.
Shares of Northern Oil & Gas (NYSEMKT NOG) opened at 0.9294 on Tuesday. The firm’s 50-day moving average price is $0.89 and its 200 day moving average price is $1.54. The firm’s market cap is $57.36 million. Northern Oil & Gas has a 12-month low of $0.66 and a 12-month high of $4.00.
About Northern Oil & Gas
Northern Oil and Gas, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations.
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