Northern Oil & Gas, Inc. (NYSEMKT:NOG) has been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $3.25.
Separately, Imperial Capital reiterated an “in-line” rating on shares of Northern Oil & Gas in a research note on Tuesday, October 3rd.
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About Northern Oil & Gas
Northern Oil and Gas, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations.
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