Ophir Energy Plc (OPHR) Given Average Rating of “Buy” by Analysts
Ophir Energy Plc (LON:OPHR) has been given a consensus rating of “Buy” by the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 99.50 ($1.31).
A number of analysts have issued reports on OPHR shares. Jefferies Group LLC raised their price target on Ophir Energy Plc from GBX 75 ($0.99) to GBX 82 ($1.08) and gave the stock a “hold” rating in a research note on Tuesday, August 29th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 100 ($1.32) price target on shares of Ophir Energy Plc in a research note on Tuesday, August 22nd. Macquarie reissued an “outperform” rating and issued a GBX 106 ($1.40) price target on shares of Ophir Energy Plc in a research note on Tuesday, October 10th. Barclays PLC reissued an “overweight” rating and issued a GBX 100 ($1.32) price target on shares of Ophir Energy Plc in a research note on Friday, July 14th. Finally, GMP Securities reissued a “reduce” rating on shares of Ophir Energy Plc in a research note on Wednesday, July 5th.
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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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