Touchstone Exploration’s (TXP) “House Stock” Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Touchstone Exploration (LON:TXP) in a report released on Friday morning,London Stock Exchange reports.

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 60 ($0.76) target price on shares of Touchstone Exploration in a research report on Friday.

Touchstone Exploration Stock Performance

Touchstone Exploration stock opened at GBX 24.75 ($0.31) on Friday. Touchstone Exploration has a 1 year low of GBX 20.63 ($0.26) and a 1 year high of GBX 58 ($0.73). The firm has a 50 day moving average price of GBX 30.70 and a 200 day moving average price of GBX 31.63. The company has a market cap of £58.52 million, a price-to-earnings ratio of -618.75 and a beta of 0.70.

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. The company was formerly known as Petrobank Energy and Resources Ltd.