Equities research analysts at Royal Bank Of Canada began coverage on shares of Petrofac (OTCMKTS:POFCF) in a report issued on Tuesday, StockTargetPrices.com reports. The brokerage set a “sector perform” rating on the stock.

Several other research firms have also commented on POFCF. Credit Suisse Group AG started coverage on shares of Petrofac in a report on Monday, September 19th. They issued an “outperform” rating on the stock. Goldman Sachs Group Inc. raised shares of Petrofac from a “neutral” rating to a “buy” rating in a report on Wednesday, September 28th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold”.

Analyst Recommendations for Petrofac (OTCMKTS:POFCF)

Petrofac (OTCMKTS:POFCF) opened at 11.90 on Tuesday. The stock’s market capitalization is $4.05 billion. Petrofac has a 12 month low of $9.11 and a 12 month high of $14.25. The company has a 50 day moving average price of $10.93 and a 200 day moving average price of $11.16.

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