Petrofac Limited (LON:PFC) Stock Rating Reaffirmed by Kepler Capital Markets
Petrofac Limited (LON:PFC)‘s stock had its “buy” rating restated by research analysts at Kepler Capital Markets in a research note issued on Monday. They currently have a GBX 700 ($9.23) price objective on the stock. Kepler Capital Markets’ price target points to a potential upside of 44.93% from the stock’s previous close.
A number of other research firms also recently weighed in on PFC. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 1,020 ($13.45) price target on shares of Petrofac Limited in a research note on Monday, April 10th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 1,125 ($14.84) price target on shares of Petrofac Limited in a research note on Wednesday, April 19th. Barclays PLC reaffirmed an “overweight” rating on shares of Petrofac Limited in a research note on Tuesday, April 25th. Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 600 ($7.91) price target (down previously from GBX 775 ($10.22)) on shares of Petrofac Limited in a research note on Friday, May 19th. Finally, Sanford C. Bernstein reaffirmed an “underperform” rating and set a GBX 370 ($4.88) price target on shares of Petrofac Limited in a research note on Thursday, July 6th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 687.22 ($9.07).
Shares of Petrofac Limited (PFC) opened at 473.90 on Monday. Petrofac Limited has a 12-month low of GBX 345.20 and a 12-month high of GBX 978.50. The firm’s market cap is GBX 1.61 billion. The company has a 50-day moving average of GBX 441.50 and a 200 day moving average of GBX 710.70.
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Petrofac Limited Company Profile
Petrofac Limited is a service provider to the oil and gas production and processing industry. The Company designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production, and develops and co-invests in upstream and infrastructure projects.
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