Petrofac Limited (PFC) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Petrofac Limited (LON:PFC) have been given a consensus rating of “Hold” by the eighteen research firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 589.13 ($7.77).
A number of equities analysts have weighed in on the company. Kepler Capital Markets reissued a “buy” rating and issued a GBX 700 ($9.24) target price on shares of Petrofac Limited in a research report on Monday, August 7th. Credit Suisse Group reissued a “neutral” rating and issued a GBX 500 ($6.60) target price on shares of Petrofac Limited in a research report on Wednesday, August 9th. Sanford C. Bernstein reissued an “underperform” rating and issued a GBX 370 ($4.88) target price on shares of Petrofac Limited in a research report on Thursday, July 6th. Societe Generale reissued a “buy” rating and issued a GBX 530 ($6.99) target price on shares of Petrofac Limited in a research report on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) boosted their target price on Petrofac Limited from GBX 559 ($7.38) to GBX 566 ($7.47) and gave the stock a “buy” rating in a research report on Thursday, September 14th.
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Petrofac Limited (LON:PFC) opened at 412.20 on Friday. The company’s market cap is GBX 1.40 billion. The company’s 50-day moving average is GBX 434.45 and its 200 day moving average is GBX 510.57. Petrofac Limited has a 52-week low of GBX 345.20 and a 52-week high of GBX 955.00.
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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