Should I buy or sell Touchstone Exploration stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Touchstone Exploration in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TXP shares. View TXP analyst ratings or view top-rated stocks .

What is Touchstone Exploration's stock price target for 2024?

2 equities research analysts have issued 1-year target prices for Touchstone Exploration's shares. Their TXP share price targets range from GBX 100 to GBX 160. On average, they predict the company's share price to reach GBX 130 in the next twelve months. This suggests a possible upside of 198.9% from the stock's current price. View analysts price targets for TXP or view top-rated stocks among Wall Street analysts .

How have TXP shares performed in 2024?

Touchstone Exploration's stock was trading at GBX 43 at the beginning of the year. Since then, TXP stock has increased by 1.2% and is now trading at GBX 43.50. View the best growth stocks for 2024 here .

What other stocks do shareholders of Touchstone Exploration own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Touchstone Exploration investors own include Wentworth Resources (WRL) , Wentworth Resource (WENTF) , ConocoPhillips (COP) , Capricorn Energy (CNE) , Continental Resources (CLR) , Baytex Energy (BTE) , Bahamas Petroleum (BPC) , BP (BP) and

How do I buy shares of Touchstone Exploration?

Shares of TXP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:TXP

Touchstone Exploration (TXP) Share Price, News & Analysis

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Free TXP Stock Alerts

GBX 43.50

+1.00 (+2.35%)

(As of 04/17/2024 09:20 PM ET)

Compare

Today's Range: 42.54
▼
44
50-Day Range: 42
▼
54
52-Week Range: 40.20
▼
95

Volume: 321,641 shs
Average Volume: 325,410 shs
Market Capitalization: £101.88 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: GBX 130

Stock Analysis Analyst Forecasts Chart Competitors

Get Touchstone Exploration alerts:

Touchstone Exploration MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 198.9% Upside
GBX 130 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.59
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Touchstone Exploration has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Touchstone Exploration has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TXP.

0.0

Dividend Strength

Dividend Yield
Touchstone Exploration does not currently pay a dividend.
Dividend Growth
Touchstone Exploration does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TXP.

3.7

News and Social Media Coverage

News Sentiment
Touchstone Exploration has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Touchstone Exploration this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for TXP on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Touchstone Exploration to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Touchstone Exploration insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.24% of the stock of Touchstone Exploration is held by insiders.
Percentage Held by Institutions
Only 7.14% of the stock of Touchstone Exploration is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Touchstone Exploration is -621.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Touchstone Exploration is -621.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Touchstone Exploration has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Touchstone Exploration Stock (LON:TXP)

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. The company was formerly known as Petrobank Energy and Resources Ltd. and changed its name to Touchstone Exploration Inc. in May 2014. Touchstone Exploration Inc. is headquartered in Calgary, Canada.

TXP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TXP Stock News Headlines

April 12, 2024 | americanbankingnews.com

Touchstone Exploration (LON:TXP) Earns Speculative Buy Rating from Canaccord Genuity Group

April 11, 2024 | americanbankingnews.com

Shore Capital Reiterates "House Stock" Rating for Touchstone Exploration (LON:TXP)

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 4, 2024 | finanznachrichten.de

Touchstone Exploration, Inc.: Touchstone Announces Expanded Bank Debt and a Drilling Update

March 4, 2024 | finance.yahoo.com

Touchstone Announces Expanded Bank Debt and a Drilling Update

February 8, 2024 | proactiveinvestors.com

Touchstone Exploration says drilling results at Cascadura-2 well represent a great start to 2024

December 11, 2023 | ca.finance.yahoo.com

Touchstone Exploration Inc. (PNW1.F)

November 15, 2023 | morningstar.com

Touchstone Exploration Inc TXP

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: LON:TXP
CUSIP: N/A
CIK: N/A
Web: www.touchstoneexploration.com
Phone: 403-750-4400
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 130
High Stock Price Target: GBX 160
Low Stock Price Target: GBX 100
Potential Upside/Downside: +198.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX (0.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.76
P/E Growth: N/A
Net Income: £-20,600,000.00
Net Margins: -57.23%
Pretax Margin: N/A
Return on Equity: -29.82%
Return on Assets: -10.19%

Debt

Debt-to-Equity Ratio: 54.05
Current Ratio: 0.75
Quick Ratio: N/A

Sales & Book Value

Annual Sales: £35.99 million
Price / Sales: 2.83
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: GBX 25 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 234,210,000
Free Float: N/A
Market Cap: £101.88 million
Optionable: Not Optionable
Beta: 0.79

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Key Executives

Mr. Paul Raymond Baay B.A. (Age 61)
ICD.D, President, CEO & Non-Independent Director
Comp: $381.97k
Mr. James Shipka B.Sc.
Chief Operating Officer
Mr. Thomas Edwards Valentine (Age 62)
Corporate Secretary
Comp: $23.32k
Mr. Timothy David Sweeney
General Counsel

Key Competitors

View All Competitors

Insiders

Paul R. Baay
Sold 131,000 shares
Total: £7.07 M ($54.00/share)

TXP Stock Analysis - Frequently Asked Questions

Should I buy or sell Touchstone Exploration stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Touchstone Exploration in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TXP shares.
View TXP analyst ratings or view top-rated stocks.
What is Touchstone Exploration's stock price target for 2024?: 2 equities research analysts have issued 1-year target prices for Touchstone Exploration's shares. Their TXP share price targets range from GBX 100 to GBX 160. On average, they predict the company's share price to reach GBX 130 in the next twelve months. This suggests a possible upside of 198.9% from the stock's current price.
View analysts price targets for TXP or view top-rated stocks among Wall Street analysts.
How have TXP shares performed in 2024?: Touchstone Exploration's stock was trading at GBX 43 at the beginning of the year. Since then, TXP stock has increased by 1.2% and is now trading at GBX 43.50.
View the best growth stocks for 2024 here.

What other stocks do shareholders of Touchstone Exploration own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Touchstone Exploration investors own include Wentworth Resources (WRL), Wentworth Resource (WENTF), ConocoPhillips (COP), Capricorn Energy (CNE), Continental Resources (CLR), Baytex Energy (BTE), Bahamas Petroleum (BPC), BP (BP) and
How do I buy shares of Touchstone Exploration?: Shares of TXP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:TXP) was last updated on 4/18/2024 by MarketBeat.com Staff

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Touchstone Exploration (TXP) Share Price, News & Analysis

Touchstone Exploration MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Touchstone Exploration Stock (LON:TXP)

TXP Stock Price History

TXP Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TXP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™