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Equities research analysts at BMO Capital Markets assumed coverage on shares of Premier Oil PLC (ADR) (NASDAQ:PMOIY) in a research note issued to investors on Tuesday, American Banking & Market News reports. The firm set a “market perform” rating on the stock.

Shares of Premier Oil PLC (NASDAQ:PMOIY) opened at 5.28 on Tuesday. Premier Oil PLC has a 1-year low of $4.45 and a 1-year high of $6.16. The stock has a 50-day moving average of $5.16 and a 200-day moving average of $5.15. The company has a market cap of $2.778 billion and a price-to-earnings ratio of 12.22.

Several other analysts have also recently commented on the stock. Analysts at SunTrust initiated coverage on shares of Premier Oil PLC (ADR) in a research note on Thursday, April 10th. They set a “buy” rating on the stock. Separately, analysts at ISI Group upgraded shares of Premier Oil PLC (ADR) to a “buy” rating in a research note on Thursday, April 10th. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Premier Oil PLC (ADR) in a research note on Friday, March 14th. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy”.

Premier Oil plc (NASDAQ:PMOIY) is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia and in the Middle East, Africa and Pakistan regions.

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