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A number of firms have modified their ratings and price targets on shares of Premier Oil PLC (LON: PMO) recently:

  • Premier Oil PLC had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 370 ($6.32) price target on the stock.
  • Premier Oil PLC had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 460 ($7.86) price target on the stock.
  • Premier Oil PLC had its “buy” rating reaffirmed by analysts at Oriel Securities Ltd.
  • Premier Oil PLC was downgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 351 ($6.00) price target on the stock.
  • Premier Oil PLC had its price target lowered by analysts at Canaccord Genuity from GBX 400 ($6.84) to GBX 380 ($6.49). They now have a “buy” rating on the stock.

Premier Oil PLC (LON:PMO) traded down 0.37% during mid-day trading on Wednesday, hitting GBX 326.30. 1,052,456 shares of the company’s stock traded hands. Premier Oil PLC has a one year low of GBX 267.50 and a one year high of GBX 374.10. The stock has a 50-day moving average of GBX 335.4 and a 200-day moving average of GBX 317.0. The company’s market cap is £1.717 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.

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