Canaccord Genuity Group reiterated their speculative buy rating on shares of Touchstone Exploration (LON:TXP - Free Report) in a research note released on Friday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 60 ($0.76) price target on the stock.
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Touchstone Exploration in a report on Wednesday, November 13th.
Read Our Latest Analysis on Touchstone Exploration
Touchstone Exploration Trading Up 13.5 %
Shares of TXP stock traded up GBX 2.95 ($0.04) during trading hours on Friday, reaching GBX 24.75 ($0.31). 3,040,011 shares of the company's stock were exchanged, compared to its average volume of 525,920. The stock has a market cap of £58.52 million, a PE ratio of -618.75 and a beta of 0.70. The stock's fifty day moving average price is GBX 30.70 and its two-hundred day moving average price is GBX 31.63. Touchstone Exploration has a 1 year low of GBX 20.63 ($0.26) and a 1 year high of GBX 58 ($0.73).
Touchstone Exploration Company Profile
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Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.
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