Shares of Ophir Energy Plc (LON:OPHR) have earned an average recommendation of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 97.50 ($1.27).

Several equities analysts recently issued reports on OPHR shares. Barclays PLC reduced their price objective on Ophir Energy Plc from GBX 125 ($1.63) to GBX 110 ($1.43) and set an “overweight” rating on the stock in a research note on Tuesday, April 11th. Deutsche Bank AG restated a “buy” rating and set a GBX 120 ($1.56) price objective on shares of Ophir Energy Plc in a research note on Tuesday, April 18th. Jefferies Group LLC cut Ophir Energy Plc to an “underperform” rating and reduced their price objective for the stock from GBX 95 ($1.24) to GBX 75 ($0.98) in a research note on Wednesday, May 17th. Canaccord Genuity dropped their target price on Ophir Energy Plc from GBX 125 ($1.63) to GBX 110 ($1.43) and set a “buy” rating on the stock in a research report on Friday, May 26th. Finally, Macquarie dropped their target price on Ophir Energy Plc from GBX 94 ($1.22) to GBX 89 ($1.16) and set a “neutral” rating on the stock in a research report on Wednesday, June 21st.

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Ophir Energy Plc (LON OPHR) traded up 0.35% during midday trading on Monday, reaching GBX 71.50. 696,496 shares of the company traded hands. The company’s 50-day moving average price is GBX 79.79 and its 200 day moving average price is GBX 88.01. 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 504.86 million.

About Ophir Energy Plc

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.

Analyst Recommendations for Ophir Energy Plc (LON:OPHR)

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