Ophir Energy’s Sector Performer Rating Reaffirmed at RBC Capital (OPHR)
Ophir Energy (LON:OPHR)‘s stock had its “sector performer” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Thursday, Analyst RN reports.
A number of other firms have also recently commented on OPHR. Analysts at Beaufort Securities initiated coverage on shares of Ophir Energy in a research note to investors on Thursday, December 19th. They set a “speculative buy” rating on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Ophir Energy from GBX 440 ($7.25) to GBX 447 ($7.37) in a research note to investors on Thursday, December 19th. They now have an “outperform” rating on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Ophir Energy from GBX 495 ($8.16) to GBX 440 ($7.25) in a research note to investors on Monday, December 9th. They now have an “outperform” rating on the stock. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 479 ($7.90).
Shares of Ophir Energy (LON:OPHR) opened at 303.90 on Thursday. Ophir Energy has a 52-week low of GBX 293.80 and a 52-week high of GBX 542.734. The stock has a 50-day moving average of GBX 331.6 and a 200-day moving average of GBX 341.8.
Ophir Energy plc is an independent oil and gas exploration business with a focus on Africa. The principal activities of the Company are exploration for oil and gas, predominantly in deepwater acreage in eight jurisdictions in East and West Africa.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.