Analyst Activity – FinnCap Reiterates Buy on Wentworth Resources Ltd (LON:WRL)


Analyst Ratings For Wentworth Resources Ltd (LON:WRL)

Today, FinnCap reiterated its Buy rating on Wentworth Resources Ltd (LON:WRL) with a price target of GBX 50.

There are 1 hold rating, 3 buy ratings on the stock.

The current consensus rating on Wentworth Resources Ltd (LON:WRL) is Buy (Score: 2.75) with a consensus target price of GBX 42.25 per share, a potential .

Some recent analyst ratings include

  • 2/17/2017-FinnCap Reiterated Rating of Buy.
  • 2/25/2016-Investec Reiterated Rating of Buy.
  • 11/28/2015-Panmure Gordon & Co. Plc Reiterated Rating of Buy.
  • 3/31/2015-Cantor Fitzgerald Europe Reiterated Rating of Buy.

    About Wentworth Resources Ltd (LON:WRL)
    Wentworth Resources Limited is an energy company with gas reserves and exploration potential in the Rovuma Basin of southern Tanzania and northern Mozambique. The Company has Rovuma Basin portfolio with producing natural gas reserves and prospective natural gas resources; gas processing and pipeline assets; multiple large-scale gas monetization projects in development, and ongoing exploration evaluation and development drilling programs. The Rovuma Onshore Block in northern Mozambique is onshore and forms part of the Rovuma Basin. Its principal assets are the Mnazi Bay Concession in Tanzania and the Rovuma Onshore Block in Mozambique. Its large-scale gas monetization projects include New Mtwara 400 megawatts (MW) Gas-Fired Power Plant and Mnazi Bay Petrochemicals Project. It has participation interest in Mnazi Bay License, which includes a surface area of over 760 square kilometers. Its wells in Mnazi Bay Concession include MS-1X, MB-2, MB-3, MB-4 and MB-1.

    Recent Trading Activity for Wentworth Resources Ltd (LON:WRL)
    Shares of Wentworth Resources Ltd closed the previous trading session at 28.50 up +0.25 0.88% with 0 shares trading hands.