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Nostrum Oil & Gas PLC 31.4% Potential Upside Indicated by Credit Suisse

Nostrum Oil & Gas PLC with EPIC/TICKER (LON:NOG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Nostrum Oil & Gas PLC are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set a target price of 450 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 31.4% from today’s opening price of 342.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 42.4 points and decreased 49.6 points respectively. The 52 week high for the share price is currently at 535 GBX while the 52 week low for the stock is 326.2 GBX.

Nostrum Oil & Gas PLC has a 50 day moving average of 380.01 GBX and a 200 day moving average of 437.66. There are currently 188,883,638 shares in issue with the average daily volume traded being 230,185. Market capitalisation for LON:NOG is £639,560,010 GBP.

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