Petrofac Ltd (POFCY) Upgraded by Royal Bank Of Canada to “Sector Perform”
Petrofac Ltd (NASDAQ:POFCY) was upgraded by investment analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating in a research report issued to clients and investors on Friday, The Fly reports.
Separately, Zacks Investment Research lowered shares of Petrofac from a “hold” rating to a “sell” rating in a research report on Tuesday, September 5th.
Petrofac (NASDAQ:POFCY) traded up 0.34% during trading on Friday, hitting $2.95. The stock had a trading volume of 15,687 shares. Petrofac has a 52 week low of $2.20 and a 52 week high of $5.93. The stock has a 50-day moving average price of $2.81 and a 200-day moving average price of $3.86. The company has a market cap of $2.01 billion and a PE ratio of 34.30.
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