Ophir Energy Plc Given Consensus Rating of “Buy” by Analysts (LON:OPHR)
Shares of Ophir Energy Plc (LON:OPHR) have received an average recommendation of “Buy” from the nineteen analysts that are covering the company, Stock Ratings News reports. Five analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 443.60 ($7.28).
OPHR has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. cut their price target on shares of Ophir Energy Plc from GBX 440 ($7.22) to GBX 400 ($6.56) in a research note on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Ophir Energy Plc in a research note on Tuesday, February 4th. They now have a GBX 392 ($6.43) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Ophir Energy Plc in a research note on Monday, January 27th. They now have a GBX 299 ($4.91) price target on the stock.
Shares of Ophir Energy Plc (LON:OPHR) traded up 0.10% during mid-day trading on Friday, hitting GBX 300.00. The stock had a trading volume of 422,134 shares. Ophir Energy Plc has a 52 week low of GBX 275.00 and a 52 week high of GBX 503.228. The stock has a 50-day moving average of GBX 301.3 and a 200-day moving average of GBX 325.0.
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.
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