Trade Report: Today, Sound Oil plc’s (SOU) Buy Rating Reiterated at FinnCap

Today, Sound Oil plc’s (SOU) Buy Rating Reiterated at FinnCap

Sound Oil plc (LON:SOU)‘s stock had its “buy” rating reissued by equities research analysts at FinnCap in a report released on Friday. They currently have a GBX 104 ($1.36) target price on the stock. FinnCap’s target price suggests a potential upside of 16.85% from the company’s previous close.

Shares of Sound Oil plc (LON:SOU) opened at 89.00 on Friday. The firm’s market capitalization is GBX 453.20 million. Sound Oil plc has a 12-month low of GBX 12.50 and a 12-month high of GBX 102.00. The stock’s 50 day moving average price is GBX 77.69 and its 200-day moving average price is GBX 37.61.

In other news, insider Whyte ,Stephen acquired 24,171 shares of the firm’s stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average price of GBX 62 ($0.81) per share, with a total value of £14,986.02 ($19,561.44).

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