Zacks Investment Research Upgrades NOSTRUM OIL & G (NSTRY) to Buy

NOSTRUM OIL & G (NASDAQ:NSTRY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday, May 12th. The brokerage presently has a $29.00 target price on the stock.

According to Zacks, “Nostrum Oil & Gas PLC is an oil and gas company. It engaged in the production, development and exploration of oil and gas primarily in the pre-Caspian Basin. The company’s principal producing asset consists of Nostrum in the Chinarevskoye field. Nostrum Oil & Gas PLC is based in Amsterdam, Netherlands. “

NOSTRUM OIL & G (NSTRY) remained flat at $26.38 on Friday. NOSTRUM OIL & G has a 1-year low of $14.84 and a 1-year high of $26.42. The stock’s market cap is $4.89 billion.

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