Westhouse Securities Reiterates Add Rating for Ophir Energy Plc (OPHR)
Ophir Energy Plc (LON:OPHR)‘s stock had its “add” rating reiterated by analysts at Westhouse Securities in a research report issued to clients and investors on Tuesday. They currently have a GBX 290 ($4.88) price objective on the stock. Westhouse Securities’ price target indicates a potential upside of 11.50% from the company’s current price.
OPHR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Ophir Energy Plc in a research note on Friday, May 16th. They now have a GBX 330 ($5.55) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Ophir Energy Plc in a research note on Friday, May 16th. They now have a GBX 330 ($5.55) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of Ophir Energy Plc in a research note on Thursday, May 15th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Ophir Energy Plc presently has an average rating of “Buy” and an average target price of GBX 394.64 ($6.64).
Shares of Ophir Energy Plc (LON:OPHR) traded down 3.88% on Tuesday, hitting GBX 250.00. The stock had a trading volume of 2,217,713 shares. Ophir Energy Plc has a one year low of GBX 223.10 and a one year high of GBX 409.30. The stock’s 50-day moving average is GBX 247.2 and its 200-day moving average is GBX 290.7.
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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