Ascent Resources Plc (AST) Earns Buy Rating from Northland Securities

Ascent Resources Plc (LON:AST)‘s stock had its “buy” rating restated by analysts at Northland Securities in a research report issued to clients and investors on Tuesday. They currently have a GBX 4.30 ($0.06) price objective on the stock. Northland Securities’ price objective suggests a potential upside of 79.17% from the company’s current price.

Ascent Resources Plc (LON:AST) opened at 2.40 on Tuesday. The firm has a 50-day moving average price of GBX 2.19 and a 200-day moving average price of GBX 1.98. The firm’s market capitalization is GBX 26.02 million. Ascent Resources Plc has a 1-year low of GBX 1.01 and a 1-year high of GBX 3.74.

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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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