Northern Oil & Gas, Inc. (NOG) Rating Increased to Hold at ValuEngine
Northern Oil & Gas, Inc. (NYSEMKT:NOG) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a report issued on Thursday.
Separately, Imperial Capital reaffirmed an “in-line” rating on shares of Northern Oil & Gas in a report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $3.25.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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