Ophir Energy Plc Rating Reiterated by RBC Capital (OPHR)
Ophir Energy Plc (LON:OPHR)‘s stock had its “sector performer” rating reiterated by investment analysts at RBC Capital in a note issued to investors on Thursday, AmericanBankingNews.com reports.
Ophir Energy Plc (LON:OPHR) traded down 3.61% on Thursday, hitting GBX 253.40. 1,203,139 shares of the company’s stock traded hands. Ophir Energy Plc has a 52 week low of GBX 223.10 and a 52 week high of GBX 414.40. The stock has a 50-day moving average of GBX 243.8 and a 200-day moving average of GBX 295.4.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Ophir Energy Plc in a research note on Thursday. They now have a GBX 290 ($4.88) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Ophir Energy Plc in a research note on Wednesday, May 7th. They now have a GBX 350 ($5.90) price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Ophir Energy Plc from GBX 300 ($5.05) to GBX 290 ($4.88) in a research note on Wednesday, April 30th. They now have a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 399.64 ($6.73).
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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