New Analyst Ratings For Nostrum Oil & Gas (LON:NOG)

Nostrum Oil Swings To Loss, Plans To Lift Output And Refinance Bonds

A number of investment brokers have recently updated their price targets on shares of Nostrum Oil & Gas (LON:NOG).

According to the latest broker reports outstanding on Wednesday 8th of March, 5 analysts have a rating of “strong buy”, 0 analysts “buy”, 6 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

05/01/2017 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at Deutsche. They have a GBP 535.00p price target on the stock.

29/11/2016 – Nostrum Oil & Gas had its “Neutral” rating reiterated by analysts at Credit Suisse. They have a GBP 440.00p price target on the stock.

26/10/2016 – Nostrum Oil & Gas had its “Buy” rating reiterated by analysts at numis. They have a GBP 600.00p price target on the stock.

28/07/2016 – Nostrum Oil & Gas had its “Outperform” rating reiterated by analysts at Credit Suisse. They 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 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 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 have a GBP 400.00p price target on the stock.

The share price of Nostrum Oil & Gas (LON:NOG) was up +3.39% during the last trading session, with a day high of 519.50. 28605 shares were traded during the session.

The stock’s 50 day moving average is 471.06 and its 200 day moving average is 386.34. The stock’s market capitalization is 957.41M. Nostrum Oil & Gas has a 52-week low of 203.00 and a 52-week high of 519.50.

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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