Touchstone Exploration (LON:TXP) Given House Stock Rating at Shore Capital

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

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

Touchstone Exploration Stock Up 13.5 %

Shares of Touchstone Exploration stock opened at GBX 24.75 ($0.31) on Friday. The business has a 50-day moving average price of GBX 30.70 and a 200 day moving average price of GBX 31.63. Touchstone Exploration has a fifty-two week low of GBX 20.63 ($0.26) and a fifty-two week high of GBX 58 ($0.73). The firm has a market cap of £58.52 million, a P/E ratio of -618.75 and a beta of 0.70.

About Touchstone Exploration

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.