Ascent Resources Plc (AST) Given “Buy” Rating at Northland Securities

Ascent Resources Plc (LON:AST)‘s stock had its “buy” rating reiterated by research analysts at Northland Securities in a research note issued on Monday, May 15th, StockTargetPrices.com reports. They currently have a GBX 4.30 ($0.05) target price on the stock. Northland Securities’ target price points to a potential upside of 152.94% from the company’s previous close.

Separately, Stockdale Securities reaffirmed a “buy” rating and issued a GBX 4.50 ($0.06) target price on shares of Ascent Resources Plc in a report on Thursday, April 13th.

Shares of Ascent Resources Plc (LON AST) traded down 1.45% during midday trading on Monday, reaching GBX 1.70. The company’s stock had a trading volume of 17,720,333 shares. Ascent Resources Plc has a 52-week low of GBX 0.62 and a 52-week high of GBX 3.74. The company’s market capitalization is GBX 18.43 million. The stock has a 50 day moving average price of GBX 1.79 and a 200-day moving average price of GBX 1.89.

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Ascent Resources Plc Company Profile

Ascent Resources plc is an independent oil and gas exploration and production (E&P) company. The Company’s portfolio consists of European onshore projects. The Company operates through two segments: Slovenia and UK. The Slovenia segment is engaged in exploration and development work. The UK segment includes head office.

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