Investment analysts at Northland Capital began coverage on shares of 3 Legs Resources (LON: 3LEG) in a note issued to investors on Wednesday. The firm set a “buy” rating and a $1.22 (79 GBX) price target on the stock.

3 Legs Resources traded up 1.19% on Wednesday, hitting GBX 32.00. 3 Legs Resources has a 1-year low of GBX 31.00 and a 1-year high of GBX 78.00. The stock’s 50-day moving average is currently GBX 37.83.

3Legs Resources plc (3Legs) is engaged in the exploration, evaluation and development of oil and gas targets, from unconventional resource plays.

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