Premier Oil PLC Rating Reiterated by Numis Securities Ltd (PMO)
Premier Oil PLC (LON:PMO)‘s stock had its “hold” rating reissued by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 352 ($5.82) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 2.47% from the stock’s previous close.
A number of other analysts have also recently weighed in on PMO. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Premier Oil PLC in a research note on Friday, August 22nd. They now have a GBX 460 ($7.61) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Friday, August 22nd. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil PLC in a research note on Friday, August 22nd. They now have a GBX 495 ($8.19) 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. Premier Oil PLC currently has a consensus rating of “Buy” and a consensus price target of GBX 359.79 ($5.95).
Premier Oil PLC (LON:PMO) opened at 347.00 on Wednesday. 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 327.6 and its 200-day moving average is GBX 323.2. The company’s market cap is £1.829 billion.
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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