Ophir Energy Plc Receives Add Rating from Westhouse Securities (OPHR)
Ophir Energy Plc (LON:OPHR)‘s stock had its “add” rating restated by equities research analysts at Westhouse Securities in a research note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 290 ($4.88) price objective on the stock. Westhouse Securities’ price target indicates a potential upside of 14.44% from the stock’s previous close.
Ophir Energy Plc (LON:OPHR) traded down 3.61% on Thursday, hitting GBX 253.40. The stock had a trading volume of 1,811,865 shares. 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 244.2 and a 200-day moving average of GBX 295.1.
Several other analysts have also recently commented on the stock. 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. Separately, 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 analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average 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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