Touchstone Exploration (LON:TXP) Receives House Stock Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Touchstone Exploration (LON:TXP) in a report issued on Monday morning, Marketbeat.com reports.

Separately, Canaccord Genuity Group reiterated a speculative buy rating and issued a GBX 100 ($1.24) price target on shares of Touchstone Exploration in a report on Thursday, April 11th.

Touchstone Exploration Stock Performance

Shares of LON:TXP opened at GBX 43.50 ($0.54) on Monday. The business’s 50 day simple moving average is GBX 49.01 and its two-hundred day simple moving average is GBX 49.32. The firm has a market cap of £101.88 million, a P/E ratio of -621.43 and a beta of 0.79. Touchstone Exploration has a 52-week low of GBX 40.20 ($0.50) and a 52-week high of GBX 95 ($1.17).

Touchstone Exploration Company Profile

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block and development production on four lease operatorship properties.