Petrofac Limited Rating Reiterated by Numis Securities Ltd (PFC)
Petrofac Limited (LON:PFC)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a report released on Tuesday. They currently have a GBX 1,143 ($19.17) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 3.07% from the stock’s previous close.
A number of other analysts have also recently weighed in on PFC. Analysts at HSBC reiterated an “overweight” rating on shares of Petrofac Limited in a research note on Monday. They now have a GBX 1,440 ($24.16) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Petrofac Limited in a research note on Friday. They now have a GBX 1,500 ($25.16) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Petrofac Limited in a research note on Friday. They now have a GBX 1,223 ($20.52) price target on the stock. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,418.15 ($23.79).
Petrofac Limited (LON:PFC) opened at 1101.00 on Tuesday. Petrofac Limited has a 1-year low of GBX 1057.00 and a 1-year high of GBX 1525.00. The stock’s 50-day moving average is GBX 1166. and its 200-day moving average is GBX 1281.. The company’s market cap is £3.746 billion.
Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry.
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