Ophir Energy Plc Receives Hold Rating from Liberum Capital (OPHR)
Ophir Energy Plc (LON:OPHR)‘s stock had its “hold” rating reiterated by equities researchers at Liberum Capital in a research report issued on Thursday. They currently have a GBX 222 ($3.72) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 11.84% from the company’s current price.
Shares of Ophir Energy Plc (LON:OPHR) traded up 6.65% on Thursday, hitting GBX 211.70. The stock had a trading volume of 2,703,055 shares. Ophir Energy Plc has a one year low of GBX 191.50 and a one year high of GBX 393.90. The stock’s 50-day moving average is GBX 209.8 and its 200-day moving average is GBX 251.1. The company’s market cap is £1.253 billion.
OPHR has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Ophir Energy Plc in a research note on Monday. They now have a GBX 305 ($5.12) price target on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Ophir Energy Plc to a “neutral” rating in a research note on Thursday, July 24th. They now have a GBX 270 ($4.53) price target on the stock, down previously from GBX 330 ($5.54). Five research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 369.53 ($6.20).
Ophir Energy plc is an independent oil and gas exploration business with a focus on Africa. The principal activities of the Company are exploration for oil and gas, predominantly in deepwater acreage in eight jurisdictions in East and West Africa.
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