Nostrum Oil & Gas (LON:NOG) New Price Targets

Kazakhstan To Launch Kashagan Oil Production In November

Recently stock market broker analysts have updated their ratings and price targets on shares of Nostrum Oil & Gas (LON:NOG).

The latest broker reports which are currently outstanding on Monday 22nd of August note 5 analysts have a rating of “strong buy”, 0 analysts “buy”, 5 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent analyst ratings:

28/07/2016 – Nostrum Oil & Gas had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 450.00p price target on the stock.

31/05/2016 – Nostrum Oil & Gas had its “Neutral” rating reiterated by analysts at Citigroup.

26/05/2016 – Nostrum Oil & Gas had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 350.00p price target on the stock.

03/05/2016 – Nostrum Oil & Gas had its “Outperform” rating reiterated by analysts at Credit Suisse. They now have a GBP 340.00p price target on the stock.

31/03/2016 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at Panmure Gordon. They now have a GBP 400.00p price target on the stock.

25/11/2015 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at Panmure Gordon. They now have a GBP 550.00p price target on the stock.

23/11/2015 – Nostrum Oil & Gas was downgraded to “Underperform” by analysts at RBC Capital Markets. They now have a GBP 300.00p price target on the stock.

18/11/2015 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at numis. They now have a GBP 855.00p price target on the stock.

27/08/2015 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at numis. They now have a GBP 855.00p price target on the stock.

Nostrum Oil & Gas has a 50 day moving average of 297.68 and a 200 day moving average of 282.90. The stock’s market capitalization is 552.64M, it has a 52-week low of 203.00 and a 52-week high of 546.00.

The share price of the company (LON:NOG) was up +0.00% during the last trading session, with a high of 300.00 during the day and the volume of Nostrum Oil & Gas shares traded was 31257.

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. It has invested in developing its own infrastructure to control the transportation of its products to serves a network of destinations and off-takers. The operational facilities of Nostrum Oil & Gas are located in Chinarevskoye field. The Company has three fields in north-western Kazakhstan that offers direct operational synergies, such as the Rostoshinskoye field, the Darzhinskoye field, and the Yuzhno-Gremyachenskoye field. Nostrum indirectly holds a 100% interest in Zhaikmunai LLP, which is engaged in the exploration, production and sale of hydrocarbons from the Chinarevskoye field in north-west Kazakhstan.

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