Nostrum Oil & Gas PLC (LON:NOG) has received an average recommendation of “Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 544 ($7.23).

A number of equities research analysts recently weighed in on the stock. Numis Securities Ltd lowered their price target on shares of Nostrum Oil & Gas PLC from GBX 600 ($7.97) to GBX 560 ($7.44) and set a “buy” rating for the company in a report on Thursday. Peel Hunt reaffirmed a “buy” rating and set a GBX 650 ($8.64) price target on shares of Nostrum Oil & Gas PLC in a report on Wednesday. Credit Suisse Group lowered their price target on shares of Nostrum Oil & Gas PLC from GBX 545 ($7.24) to GBX 460 ($6.11) and set an “outperform” rating for the company in a report on Tuesday, September 19th. Finally, Deutsche Bank AG lowered their price target on shares of Nostrum Oil & Gas PLC from GBX 540 ($7.18) to GBX 450 ($5.98) and set a “hold” rating for the company in a report on Wednesday, August 30th.

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Nostrum Oil & Gas PLC (NOG) opened at 384.00 on Friday. The firm’s market cap is GBX 711.30 million. The firm has a 50 day moving average of GBX 391.67 and a 200 day moving average of GBX 440.31. Nostrum Oil & Gas PLC has a 1-year low of GBX 342.00 and a 1-year high of GBX 535.00.

Nostrum Oil & Gas PLC Company Profile

Nostrum Oil & Gas PLC (Nostrum) is an independent oil and gas company. The Company is engaged in the production, development and exploration of oil and gas in the pre-Caspian Basin. The Company’s range of products includes crude oil, stabilized liquid condensate, liquefied petroleum gas (LPG) and dry gas.

Analyst Recommendations for Nostrum Oil & Gas PLC (LON:NOG)

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