Petrofac Limited Declares Dividend of $0.13 (PFC)
Petrofac Limited (LON:PFC) announced a dividend on Wednesday, August 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 21st will be paid a dividend of $0.13 per share on Friday, October 20th. This represents a yield of 2.43%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be viewed at this link.
Shares of Petrofac Limited (LON:PFC) traded down 1.18% during midday trading on Friday, reaching GBX 442.50. 6,768,721 shares of the company’s stock traded hands. The stock’s 50 day moving average is GBX 438.30 and its 200-day moving average is GBX 610.90. The company’s market capitalization is GBX 1.50 billion. Petrofac Limited has a 52 week low of GBX 345.20 and a 52 week high of GBX 978.50.
A number of brokerages have recently weighed in on PFC. Goldman Sachs Group, Inc. (The) raised their price target on Petrofac Limited from GBX 559 ($7.22) to GBX 566 ($7.31) and gave the company a “buy” rating in a research report on Thursday. Credit Suisse Group restated a “neutral” rating and issued a GBX 500 ($6.46) price target on shares of Petrofac Limited in a research report on Wednesday, August 9th. Numis Securities Ltd restated a “buy” rating and issued a GBX 600 ($7.75) price target on shares of Petrofac Limited in a research report on Tuesday. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 420 ($5.42) price target on shares of Petrofac Limited in a research report on Wednesday, August 30th. Finally, Kepler Capital Markets restated a “buy” rating and issued a GBX 700 ($9.04) price target on shares of Petrofac Limited in a research report on Wednesday, June 28th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 665.33 ($8.59).
COPYRIGHT VIOLATION WARNING: “Petrofac Limited Declares Dividend of $0.13 (PFC)” was reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/16/petrofac-limited-declares-dividend-of-0-13-pfc.html.
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.
Receive News & Ratings for Petrofac Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrofac Limited and related companies with MarketBeat.com's FREE daily email newsletter.