Separately, Berenberg Bank began coverage on shares of Nostrum Oil & Gas in a research report on Thursday, November 1st. They set a buy rating and a GBX 280 ($3.66) price target for the company. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 377.33 ($4.93).
Shares of NOG opened at GBX 118.20 ($1.54) on Tuesday. Nostrum Oil & Gas has a 1-year low of GBX 244 ($3.19) and a 1-year high of GBX 535 ($6.99).
Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas.
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