Is Buying Nostrum Oil & Gas PLC Here a Winning Strategy?

 Is Buying Nostrum Oil & Gas PLC Here a Winning Strategy?

The stock of Nostrum Oil & Gas PLC (LON:NOG) is a huge mover today! The stock increased 2.38% or GBX 10 on November 22, hitting GBX 430. About 104,532 shares traded hands. Nostrum Oil & Gas PLC (LON:NOG) has risen 54.13% since April 22, 2016 and is uptrending. It has outperformed by 49.57% the S&P500.
The move comes after 6 months positive chart setup for the GBX 799.40 million company. It was reported on Nov, 22 by Barchart.com. We have GBX 447.20 PT which if reached, will make LON:NOG worth GBX 31.98M more.

Nostrum Oil & Gas PLC (LON:NOG) Ratings Coverage

Out of 5 analysts covering Nostrum Oil Gas Plc (LON:NOG), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Nostrum Oil Gas Plc has been the topic of 26 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained Nostrum Oil & Gas PLC (LON:NOG) rating on Wednesday, August 31. Deutsche Bank has “Hold” rating and GBX 360 price target. Panmure Gordon maintained Nostrum Oil & Gas PLC (LON:NOG) rating on Wednesday, November 25. Panmure Gordon has “Buy” rating and GBX 550 price target. Numis Securities maintained Nostrum Oil & Gas PLC (LON:NOG) on Wednesday, November 18 with “Buy” rating. Panmure Gordon maintained Nostrum Oil & Gas PLC (LON:NOG) rating on Monday, December 7. Panmure Gordon has “Buy” rating and GBX 550 price target. The company was maintained on Thursday, May 26 by Deutsche Bank. On Wednesday, July 29 the stock rating was maintained by Deutsche Bank with “Buy”. Deutsche Bank maintained it with “Hold” rating and GBX 550 target price in Wednesday, October 28 report. The firm has “Buy” rating by Numis Securities given on Tuesday, August 30. The stock of Nostrum Oil & Gas PLC (LON:NOG) has “Buy” rating given on Wednesday, October 26 by Numis Securities. The stock of Nostrum Oil & Gas PLC (LON:NOG) has “Buy” rating given on Wednesday, July 27 by Numis Securities.

More important recent Nostrum Oil & Gas PLC (LON:NOG) news were published by: Fool.Co.Uk which released: “Should You Buy Genel Energy PLC, Nostrum Oil & Gas PLC & Acacia Mining PLC …” on January 22, 2016, also Fool.Co.Uk published article titled: “Are BP plc, Nostrum Oil & Gas PLC And Hunting plc ‘Screaming Buys’?”, Fool.Co.Uk published: “Is Now The Time To Buy Lonmin Plc, Nostrum Oil & Gas PLC & Premier Oil PLC?” on March 30, 2016. More interesting news about Nostrum Oil & Gas PLC (LON:NOG) was released by: Fool.Co.Uk and their article: “Are Premier Oil plc, Nostrum Oil & Gas plc and Soco International plc set to …” with publication date: May 05, 2016.

Nostrum Oil & Gas PLC is an independent gas and oil company. The company has a market cap of 799.40 million GBP. The Firm is engaged in the production, development and exploration of gas and oil in the pre-Caspian Basin. It currently has negative earnings. The Company’s range of products includes crude oil, stabilized liquid condensate, liquefied petroleum gas (LPG) and dry gas.

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