Ophir Energy Plc (OPHR) Given Consensus Rating of “Hold” by Brokerages
Ophir Energy Plc (LON:OPHR) has been given an average recommendation of “Hold” by the twelve analysts that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 94.56 ($1.20).
A number of research analysts have recently weighed in on OPHR shares. Jefferies Group LLC cut their price objective on Ophir Energy Plc from GBX 105 ($1.34) to GBX 95 ($1.21) and set a “hold” rating on the stock in a report on Monday, March 13th. Deutsche Bank AG reissued a “buy” rating on shares of Ophir Energy Plc in a report on Monday, March 13th. Barclays PLC cut their price objective on Ophir Energy Plc from GBX 125 ($1.59) to GBX 110 ($1.40) and set an “overweight” rating on the stock in a report on Tuesday, April 11th. Macquarie cut their price objective on Ophir Energy Plc from GBX 94 ($1.20) to GBX 89 ($1.13) and set a “neutral” rating on the stock in a report on Wednesday, June 21st. Finally, GMP Securities reissued a “reduce” rating on shares of Ophir Energy Plc in a report on Wednesday, March 15th.
Shares of Ophir Energy Plc (LON:OPHR) traded up 0.62% during midday trading on Tuesday, reaching GBX 81.50. The company had a trading volume of 927,339 shares. The company has a 50 day moving average of GBX 85.95 and a 200 day moving average of GBX 90.02. Ophir Energy Plc has a 12-month low of GBX 64.50 and a 12-month high of GBX 103.41. The firm’s market capitalization is GBX 575.47 million.
TRADEMARK VIOLATION WARNING: “Ophir Energy Plc (OPHR) Given Consensus Rating of “Hold” by Brokerages” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/06/27/ophir-energy-plc-ophr-given-consensus-rating-of-hold-by-brokerages.html.
Ophir Energy Plc Company Profile
Ophir Energy plc is an upstream oil and gas exploration and production company focused on Asia and Africa. The principal activity of the Company is the development of offshore and deepwater oil and gas exploration assets. The Company’s geographical segments are Africa, Asia and are head-quartered in London, United Kingdom.
Receive News & Ratings for Ophir Energy Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ophir Energy Plc and related companies with MarketBeat.com's FREE daily email newsletter.