Share on StockTwits

Ophir Energy Plc (LON:OPHR)‘s stock had its “buy” rating restated by stock analysts at Oriel Securities Ltd in a report issued on Thursday. They currently have a GBX 355 ($5.96) price objective on the stock. Oriel Securities Ltd’s price objective would suggest a potential upside of 79.56% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities cut their price target on shares of Ophir Energy Plc from GBX 290 ($4.86) to GBX 245 ($4.11) in a research note on Thursday. They now have an “add” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Ophir Energy Plc in a research note on Thursday. They now have a GBX 222 ($3.72) price target on the stock. Finally, 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. Five research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 369.53 ($6.20).

Shares of Ophir Energy Plc (LON:OPHR) opened at 206.40 on Thursday. Ophir Energy Plc has a 52 week low of GBX 191.50 and a 52 week high of GBX 393.90. The stock has a 50-day moving average of GBX 210.6 and a 200-day moving average of GBX 251.4. The company’s market cap is £1.222 billion.

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.

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.