Premier Oil PLC Receives Overweight Rating from Barclays (PMOIY)
Premier Oil PLC (NASDAQ:PMOIY)‘s stock had its “overweight” rating reiterated by research analysts at Barclays in a report released on Tuesday, American Banking & Market News reports.
Shares of Premier Oil PLC (NASDAQ:PMOIY) traded down 2.33% during mid-day trading on Tuesday, hitting $5.03. The stock had a trading volume of 7,442 shares. Premier Oil PLC has a 52 week low of $4.45 and a 52 week high of $6.24. The stock’s 50-day moving average is $4.92 and its 200-day moving average is $5.26. The company has a market cap of $2.661 billion and a P/E ratio of 10.49.
PMOIY has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Monday. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Thursday, February 20th. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Premier Oil PLC presently has a consensus rating of “Hold”.
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