RBC Capital Reiterates “Outperform” Rating for Oil Search Limited (OSH)
Oil Search Limited (ASX:OSH)‘s stock had its “outperform” rating restated by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a $11.00 target price on the stock, up from their previous target price of $10.00.
Shares of Oil Search Limited (ASX:OSH) traded up 0.21% on Wednesday, hitting A$9.710. The stock had a trading volume of 3,886,298 shares. Oil Search Limited has a 52-week low of A$7.560 and a 52-week high of A$9.880. The stock has a 50-day moving average of A$9.43 and a 200-day moving average of A$8.66. The company has a market cap of A$13.044 billion and a P/E ratio of 63.33.
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.
Oil Search Limited is an oil and gas exploration and development company. The Company’s PNG LNG Project is 6.
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