Premier Oil PLC Given Buy Rating at Goodbody Stockbrokers Ltd (PMO)
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.
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