Share on StockTwits

Premier Oil PLC (LON:PMO)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse in a report released on Monday. They currently have a GBX 370 ($6.30) target price on the stock. Credit Suisse’s target price would suggest a potential upside of 12.09% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Thursday. They now have a GBX 515 ($8.77) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Premier Oil PLC in a research note on Wednesday, June 25th. They now have a GBX 420 ($7.15) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Wednesday, June 25th. Eleven equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Premier Oil PLC presently has a consensus rating of “Buy” and a consensus target price of GBX 355.81 ($6.06).

Premier Oil PLC (LON:PMO) opened at 333.70 on Monday. Premier Oil PLC has a one year low of GBX 267.50 and a one year high of GBX 374.10. The stock’s 50-day moving average is GBX 343.8 and its 200-day moving average is GBX 313.8. The company’s market cap is £1.756 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.