Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Transatlantic Petroleum Ltd (TAT).
Recent broker ratings and price targets:
08/19/2016 – Transatlantic Petroleum Ltd had its “hold” rating reiterated by analysts at TD Securities. They now have a USD 1.2 price target on the stock.
05/02/2015 – Transatlantic Petroleum Ltd had its “sell” rating reiterated by analysts at Zacks.
07/23/2014 – Transatlantic Petroleum Ltd had its “speculative buy” rating reiterated by analysts at Global Hunter Securities. They now have a USD 15 price target on the stock.
Transatlantic Petroleum Ltd has a 50 day moving average of 0.77 and a 200 day moving average of 0.83. The stock’s market capitalization is 35.12M, it has a 52-week low of 0.52 and a 52-week high of 3.31.
The share price of the company (TAT) was up +2.74%, with a high of 0.76 during the day and the volume of Transatlantic Petroleum Ltd shares traded was 16979.
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in over 20 onshore and offshore exploration licenses and approximately 25 onshore production leases covering a total of over 1.4 million gross acres in Turkey. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The Company holds interests in an onshore exploration license and an onshore production concession covering a total of approximately 567,110 acres in Bulgaria.