Analyst Activity – Northland Securities Initiates Coverage On Ascent Resources Plc (LON:AST) With a Buy

Analyst Ratings For Ascent Resources Plc (LON:AST)

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Today, Northland Securities initiated coverage on Ascent Resources Plc (LON:AST) with a Buy with a price target of GBX 4.30.

There are no ratings tracked in the last 12 months. on the stock.

The current consensus rating on Ascent Resources Plc (LON:AST) is N/A (Score: NaN) with a consensus target price of per share, a potential .

Some recent analyst ratings include

  • 3/1/2017-Northland Securities initiated coverage with a Buy rating.

    About Ascent Resources Plc (LON:AST)
    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. It operates the Petisovci tight gas project in Slovenia. The Company’s project is operated through a local entity in a joint venture. The Petisovci Tight Gas Project is located in an area covering approximately 100 square kilometers in north eastern Slovenia. The Petisovci Tight Gas Project targets the development of tight gas reservoirs, which include Miocene clastic sediments. The structure has over two sets of reservoirs, the shallower Upper Miocene and the deeper Middle Miocene. It is focused on the development of the Middle Miocene Badenian reservoirs. Its subsidiaries include Ascent Slovenia Limited, Ascent Resources doo and Ascent Resources Netherlands BV.

    Recent Trading Activity for Ascent Resources Plc (LON:AST)
    Shares of Ascent Resources Plc closed the previous trading session at 2.30 down -0.03 -1.08% with 0 shares trading hands.

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