Trade Report: Today, Nostrum Oil & Gas PLC (NOG) Lowered by Credit Suisse Group AG to “Neutral”

Today, Nostrum Oil & Gas PLC (NOG) Lowered by Credit Suisse Group AG to “Neutral”

Nostrum Oil & Gas PLC (LON:NOG) was downgraded by Credit Suisse Group AG to a “neutral” rating in a research note issued to investors on Tuesday. They currently have a GBX 440 ($5.46) target price on the stock, up from their prior target price of GBX 415 ($5.15). Credit Suisse Group AG’s price target would suggest a potential upside of 2.88% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 600 ($7.44) price target on shares of Nostrum Oil & Gas PLC in a research report on Wednesday, November 23rd. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 360 ($4.47) price target on shares of Nostrum Oil & Gas PLC in a research report on Thursday, September 1st. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 446.17 ($5.53).

Nostrum Oil & Gas PLC (LON:NOG) opened at 428.25 on Tuesday. The stock’s 50 day moving average price is GBX 363.08 and its 200 day moving average price is GBX 312.52. The firm’s market capitalization is GBX 791.53 million. Nostrum Oil & Gas PLC has a 52 week low of GBX 203.00 and a 52 week high of GBX 445.75.

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