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Ophir Energy Plc (LON:OPHR)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday.

Shares of Ophir Energy Plc (LON:OPHR) traded down 0.75% on Thursday, hitting GBX 251.09. The stock had a trading volume of 604,906 shares. Ophir Energy Plc has a 1-year low of GBX 223.10 and a 1-year high of GBX 403.00. The stock has a 50-day moving average of GBX 251.1 and a 200-day moving average of GBX 287.0.

A number of other analysts have also recently weighed in on OPHR. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Ophir Energy Plc in a research note on Wednesday. They now have a GBX 290 ($4.86) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Ophir Energy Plc in a research note on Wednesday. They now have a GBX 385 ($6.45) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Ophir Energy Plc in a research note on Wednesday. They now have a GBX 290 ($4.86) price target on the stock. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 397.67 ($6.67).

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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