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Petrofac Limited (LON: PFC) received a number of ratings updates from brokerages and research firms in the last week:

  • Petrofac Limited had its “neutral/cautious” rating reaffirmed by analysts at Goldman Sachs. They now have a GBX 1,296 ($21.83) price target on the stock.
  • Petrofac Limited had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 1,500 ($25.27) price target on the stock.
  • Petrofac Limited had its price target lowered by analysts at Citigroup Inc. from GBX 1,525 ($25.69) to GBX 1,475 ($24.84). They now have a “buy” rating on the stock.
  • Petrofac Limited was upgraded by analysts at Canaccord Genuity to a “buy” rating. They now have a GBX 1,400 ($23.58) price target on the stock, down previously from GBX 1,500 ($25.27).
  • Petrofac Limited was downgraded by analysts at Credit Suisse to a “neutral” rating. They now have a GBX 1,500 ($25.27) price target on the stock, down previously from GBX 1,600 ($26.95).
  • Petrofac Limited had its “buy” rating reaffirmed by analysts at Societe Generale. They now have a GBX 1,600 ($26.95) price target on the stock.
  • Petrofac Limited had its price target lowered by analysts at Investec from GBX 1,475 ($24.84) to GBX 1,315 ($22.15). They now have a “buy” rating on the stock.

Shares of Petrofac Limited (LON:PFC) opened at 1197.00 on Thursday. Petrofac Limited has a 52 week low of GBX 1080.00 and a 52 week high of GBX 1525.00. The stock has a 50-day moving average of GBX 1401. and a 200-day moving average of GBX 1310.. The company’s market cap is £4.073 billion.

Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry.

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