Share on StockTwits

Premier Oil PLC (LON:PMO)‘s stock had its “buy” rating reaffirmed by equities research analysts at Goodbody Stockbrokers Ltd in a research note issued to investors on Wednesday.

Shares of Premier Oil PLC (LON:PMO) opened at 348.30 on Wednesday. Premier Oil PLC has a 52-week low of GBX 267.50 and a 52-week high of GBX 374.10. The stock has a 50-day moving average of GBX 336.0 and a 200-day moving average of GBX 310.. The company’s market cap is £1.833 billion.

PMO has been the subject of a number of other recent research reports. Analysts at Davy Research reiterated an “outperform” rating on shares of Premier Oil PLC in a research note on Wednesday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Wednesday. They now have a GBX 515 ($8.63) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Wednesday. They now have a GBX 350 ($5.87) price target on the stock. Eleven research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 359.48 ($6.03).

Premier Oil plc (LON:PMO) 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.