Goldman Sachs Group Reaffirms “Neutral” Rating for OJSC OC ROSNEFT/S GDR REGS (OJSCY)

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OJSC OC ROSNEFT/S GDR REGS (OTCMKTS:OJSCY)‘s stock had its “neutral” rating reaffirmed by investment analysts at Goldman Sachs Group in a note issued to investors on Thursday, Automated Import reports.

Separately, Credit Suisse Group initiated coverage on OJSC OC ROSNEFT/S GDR REGS in a research report on Monday, April 15th. They issued an “outperform” rating on the stock.

OTCMKTS OJSCY remained flat at $$6.35 during trading hours on Thursday. The company had a trading volume of 60 shares, compared to its average volume of 2,960. OJSC OC ROSNEFT/S GDR REGS has a 52-week low of $3.80 and a 52-week high of $7.10.


Public Joint Stock Company Rosneft Oil Company, together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil and gas. It operates through Exploration and Production, and Refining and Distribution segments. The company produces oil in Western and Eastern Siberia, Volga-and Ural Regions, Far East, Timan-Pechora, Krasnodar Region, and the shelf of Russian seas, including Arctic shelf, as well as in Latin America and South-Eastern Asia; and has assets located in Russia and internationally comprising Venezuela, Cuba, Canada, the United States, Brazil, Norway, Germany, Italy, Mongolia, Kyrgyzstan, China, Vietnam, Myanmar, Turkmenistan, Georgia, Armenia, Belarus, Ukraine, Egypt, Mozambique, Iraq, and Indonesia.

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