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

Shore Capital restated their house stock rating on shares of Touchstone Exploration (LON:TXP) in a research report report published on Monday, MarketBeat.com reports.

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

Touchstone Exploration Stock Down 1.7 %

Shares of TXP opened at GBX 42.25 ($0.52) on Monday. Touchstone Exploration has a fifty-two week low of GBX 40.20 ($0.50) and a fifty-two week high of GBX 95 ($1.17). The firm’s 50 day moving average price is GBX 48.64 and its 200 day moving average price is GBX 49.12. The company has a market cap of £98.95 million, a P/E ratio of -603.57 and a beta of 0.79.

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 and development production on four lease operatorship properties.