FinnCap reiterated their buy rating on shares of Wentworth Resources Ltd (LON:WRL) in a research report report published on Friday morning. They currently have a GBX 55 ($0.72) price objective on the stock.

Other research analysts have also issued research reports about the company. GMP Securities reissued a buy rating on shares of Wentworth Resources in a report on Thursday, August 10th. Peel Hunt began coverage on Wentworth Resources in a report on Wednesday, October 18th. They issued a buy rating and a GBX 40 ($0.53) target price on the stock. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus target price of GBX 40.33 ($0.53).

Wentworth Resources (LON:WRL) remained flat at $GBX 28.25 ($0.37) during trading hours on Friday. 97,358 shares of the company traded hands, compared to its average volume of 14,115. Wentworth Resources has a one year low of GBX 20.11 ($0.26) and a one year high of GBX 34.99 ($0.46).

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Wentworth Resources Company Profile

Wentworth Resources Limited is an energy company with gas reserves and exploration potential in the Rovuma Basin of southern Tanzania and northern Mozambique. The Company has Rovuma Basin portfolio with producing natural gas reserves and prospective natural gas resources; gas processing and pipeline assets; multiple large-scale gas monetization projects in development, and ongoing exploration evaluation and development drilling programs.

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