Premier Oil PLC Earns “Buy” Rating from Beaufort Securities (PMO)
Premier Oil PLC (LON:PMO) opened at 339.80 on Friday. Premier Oil PLC has a 52-week low of GBX 267.50 and a 52-week high of GBX 374.10. The stock’s 50-day moving average is GBX 327.2 and its 200-day moving average is GBX 321.7. The company’s market cap is £1.788 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Friday. They now have a GBX 495 ($8.27) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Thursday. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Premier Oil PLC in a research note on Thursday. They now have a GBX 320 ($5.35) price target on the stock. Eleven analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock currently 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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