Ophir Energy Plc (OPHR) Stock Rating Reaffirmed by Barclays PLC
Ophir Energy Plc (LON:OPHR)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays PLC in a report released on Friday. They presently have a GBX 100 ($1.29) price objective on the stock. Barclays PLC’s target price points to a potential upside of 35.59% from the company’s current price.
OPHR has been the topic of several other reports. Jefferies Group LLC boosted their target price on shares of Ophir Energy Plc from GBX 75 ($0.97) to GBX 82 ($1.06) and gave the company a “hold” rating in a research note on Tuesday, August 29th. Deutsche Bank AG reissued a “buy” rating and set a GBX 100 ($1.29) target price on shares of Ophir Energy Plc in a research note on Tuesday, August 22nd. Macquarie raised shares of Ophir Energy Plc to an “outperform” rating and cut their target price for the company from GBX 89 ($1.15) to GBX 85 ($1.10) in a research note on Monday, July 17th. GMP Securities reissued a “reduce” rating on shares of Ophir Energy Plc in a research note on Wednesday, July 5th. Finally, Canaccord Genuity cut their target price on shares of Ophir Energy Plc from GBX 125 ($1.61) to GBX 110 ($1.42) and set a “buy” rating on the stock in a research note on Friday, May 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 101.75 ($1.31).
Shares of Ophir Energy Plc (OPHR) traded down 1.67% during midday trading on Friday, reaching GBX 73.75. The company’s stock had a trading volume of 817,423 shares. Ophir Energy Plc has a 12 month low of GBX 67.00 and a 12 month high of GBX 103.41. The stock’s market capitalization is GBX 520.75 million. The stock’s 50 day moving average is GBX 74.64 and its 200 day moving average is GBX 82.28.
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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.
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