Petrofac (POFCF) Given Average Rating of “Hold” by Brokerages
Shares of Petrofac (OTCMKTS:POFCF) have received an average rating of “Hold” from the six research firms that are covering the stock. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.
POFCF has been the subject of a number of analyst reports. Goldman Sachs Group Inc. raised shares of Petrofac from a “neutral” rating to a “buy” rating in a report on Wednesday, September 28th. Credit Suisse Group AG initiated coverage on shares of Petrofac in a report on Monday, September 19th. They set an “outperform” rating for the company. Finally, Royal Bank Of Canada initiated coverage on shares of Petrofac in a report on Tuesday. They set a “sector perform” rating for the company.
Petrofac (OTCMKTS:POFCF) remained flat at $11.90 during trading on Tuesday. The company’s stock had a trading volume of 84 shares. The company has a 50-day moving average price of $10.93 and a 200 day moving average price of $11.16. Petrofac has a 52 week low of $9.11 and a 52 week high of $14.25. The company’s market cap is $4.05 billion.
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