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Premier Oil PLC (LON:PMO)‘s stock had its “neutral” rating reissued by analysts at Westhouse Securities in a research report issued to clients and investors on Thursday. They currently have a GBX 320 ($5.35) target price on the stock. Westhouse Securities’ target price points to a potential downside of 5.52% from the stock’s previous close.

Shares of Premier Oil PLC (LON:PMO) opened at 342.00 on Thursday. Premier Oil PLC has a 1-year low of GBX 267.50 and a 1-year high of GBX 374.10. The stock’s 50-day moving average is GBX 327.3 and its 200-day moving average is GBX 321.. The company’s market cap is £1.800 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Thursday. They now have a GBX 366 ($6.12) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Tuesday. They now have a GBX 352 ($5.88) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Premier Oil PLC in a research note on Monday. They now have a GBX 350 ($5.85) price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 359.79 ($6.01).

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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