Oil Search Limited Stock Rating Reaffirmed by RBC Capital (OSH)
Oil Search Limited (ASX:OSH)‘s stock had its “outperform” rating restated by stock analysts at RBC Capital in a report issued on Tuesday. They currently have a $11.00 target price on the stock, up from their previous target price of $10.00.
OSH has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Oil Search Limited in a research note on Sunday, May 18th. They now have a $11.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Oil Search Limited in a research note on Tuesday, May 13th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of A$11.00 ($10.38).
Oil Search Limited (ASX:OSH) traded down 0.51% on Tuesday, hitting A$9.770. 5,920,761 shares of the company’s stock traded hands. Oil Search Limited has a 52-week low of A$7.510 and a 52-week high of A$9.860. The stock’s 50-day moving average is A$9.29 and its 200-day moving average is A$8.59. The company has a market cap of A$13.125 billion and a price-to-earnings ratio of 64.18.
Oil Search Limited is an oil and gas exploration and development company. The Company’s PNG LNG Project is 6.
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