Shares of Nostrum Oil & Gas PLC (LON:NOG) have been given an average rating of “Buy” by the six brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 528 ($7.11).

NOG has been the subject of several research reports. Deutsche Bank decreased their price target on shares of Nostrum Oil & Gas from GBX 540 ($7.27) to GBX 450 ($6.06) and set a “hold” rating for the company in a research note on Wednesday, August 30th. Credit Suisse Group decreased their price target on shares of Nostrum Oil & Gas from GBX 545 ($7.34) to GBX 460 ($6.19) and set an “outperform” rating for the company in a research note on Tuesday, September 19th. Peel Hunt raised their price target on shares of Nostrum Oil & Gas from GBX 630 ($8.48) to GBX 650 ($8.75) and gave the stock a “buy” rating in a research note on Monday, October 2nd. Finally, Numis Securities decreased their price target on shares of Nostrum Oil & Gas from GBX 600 ($8.08) to GBX 560 ($7.54) and set a “buy” rating for the company in a research note on Thursday, October 19th.

Nostrum Oil & Gas (LON NOG) opened at GBX 329.50 ($4.43) on Monday. Nostrum Oil & Gas has a 52 week low of GBX 326.20 ($4.39) and a 52 week high of GBX 535 ($7.20).

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Nostrum Oil & Gas 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 (LON:NOG)

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