Premier Oil PLC Receives “Buy” Rating from Beaufort Securities (PMO)
A number of other firms have also recently commented on PMO. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Friday. They now have a GBX 515 ($8.66) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Thursday. They now have a GBX 340 ($5.72) 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 Thursday. Eleven research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. Premier Oil PLC presently has an average rating of “Buy” and a consensus target price of GBX 355.53 ($5.98).
Shares of Premier Oil PLC (LON:PMO) traded up 0.23% on Friday, hitting GBX 341.90. The stock had a trading volume of 798,061 shares. Premier Oil PLC has a 1-year low of GBX 267.50 and a 1-year high of GBX 374.10. The stock’s 50-day moving average is GBX 343. and its 200-day moving average is GBX 311.7. The company’s market cap is £1.799 billion.
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.