Touchstone Exploration (LON:TXP – Get Free Report)‘s stock had its “speculative buy” rating reissued by equities research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 35 price target on the stock. Canaccord Genuity Group‘s target price would suggest a potential upside of 243.14% from the company’s previous close.
Touchstone Exploration Stock Down 0.5%
LON TXP opened at GBX 10.20 on Thursday. The business has a 50 day moving average price of GBX 8.99 and a 200-day moving average price of GBX 8.56. Touchstone Exploration has a 52 week low of GBX 5.70 and a 52 week high of GBX 12.50. The company has a market cap of £45.00 million, a price-to-earnings ratio of 2.55 and a beta of 0.00.
Touchstone Exploration Company Profile
Touchstone is incorporated under the laws of Alberta, Canada with its head office located in Calgary, Alberta. The Company, through its subsidiaries, is a petroleum and natural gas exploration and production company active in the Republic of Trinidad and Tobago (“Trinidad”). Touchstone is currently one of the largest independent onshore oil and natural gas producers in Trinidad, with assets in several reservoirs that have an extensive internally estimated inventory of petroleum and natural gas development and exploration opportunities.
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