Pacific Coast Oil Receives a Hold from Stifel Nicolaus

By Ryan Adsit

In a report issued on September 28, Keith Gay from Stifel Nicolaus reiterated a Hold rating on Pacific Coast Oil (NYSE: ROYT), with a price target of $1.50. The company’s shares closed on Friday at $1.58.

According to TipRanks.com, Gay is a 3-star analyst with an average return of 4.1% and a 56.8% success rate. Gay covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Live Nation Entertainment, and Triple-S Management Corp.

Pacific Coast Oil has an analyst consensus of Hold, with a price target consensus of $1.50.

The company has a one year high of $2.23 and a one year low of $0.87. Currently, Pacific Coast Oil has an average volume of 86.67K.

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Pacific Coast Oil Trust is a statutory trust. The company owns net profit interests in the underlying properties, which consist of producing and non-producing interests in oil units, wells, and lands. Its properties include Santa Maria Basin, Orcutt Conventional, Orcutt Diatomite, Careaga formation, Los Angeles Basin, West Pico, Sawtelle and East Coyote.