Touchstone Exploration (LON:TXP) Receives House Stock Rating from Shore Capital

Touchstone Exploration (LON:TXP)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital in a research note issued on Monday, Marketbeat Ratings reports.

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 100 ($1.24) target price on shares of Touchstone Exploration in a report on Thursday, April 11th.

Touchstone Exploration Stock Performance

Shares of TXP stock opened at GBX 43.50 ($0.54) on Monday. Touchstone Exploration has a 12 month low of GBX 40.20 ($0.50) and a 12 month high of GBX 95 ($1.17). The stock has a market cap of £101.88 million, a PE ratio of -621.43 and a beta of 0.79. The company’s fifty day moving average price is GBX 48.88 and its 200-day moving average price is GBX 49.22.

Touchstone Exploration Company Profile

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 and development production on four lease operatorship properties.