Petroleum Geo-Services ASA (NASDAQ:PGSVY) Receives Average Recommendation of “Sell” from Brokerages
Petroleum Geo-Services ASA (NASDAQ:PGSVY) has received a consensus broker rating score of 4.00 (Sell) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation.
Brokers have set a 1-year consensus target price of $2.40 for the company, according to Zacks. Zacks has also given Petroleum Geo-Services ASA an industry rank of 188 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised shares of Petroleum Geo-Services ASA from a “sell” rating to a “hold” rating in a report on Wednesday, September 14th.
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Petroleum Geo-Services ASA (NASDAQ:PGSVY) remained flat at $2.05 during trading on Tuesday. 8 shares of the stock were exchanged. The firm’s market capitalization is $488.67 million. Petroleum Geo-Services ASA has a 12 month low of $1.80 and a 12 month high of $4.95. The firm’s 50-day moving average price is $2.15 and its 200 day moving average price is $2.55.
About Petroleum Geo-Services ASA
Petroleum Geo-Services ASA (PGS) is a Norway-based marine geophysical company. The Company offers a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. PGS provides marine geophysical solutions that facilitate hydrocarbon discovery and recovery.
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