Petrofac Limited (LON:PFC) has been given an average rating of “Hold” by the eighteen brokerages that are covering the stock, MarketBeat 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 twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 589.13 ($7.75).

PFC has been the subject of a number of research analyst reports. Barclays PLC restated an “overweight” rating on shares of Petrofac Limited in a report on Thursday, August 31st. Jefferies Group LLC restated a “buy” rating and set a GBX 500 ($6.58) price objective on shares of Petrofac Limited in a report on Thursday, August 31st. Kepler Capital Markets restated a “buy” rating and set a GBX 700 ($9.21) price objective on shares of Petrofac Limited in a report on Thursday, August 31st. Societe Generale restated a “buy” rating and set a GBX 530 ($6.97) price objective on shares of Petrofac Limited in a report on Friday, September 8th. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 600 ($7.89) price objective on shares of Petrofac Limited in a report on Tuesday, September 12th.

Petrofac Limited (PFC) opened at GBX 447.40 ($5.88) on Thursday. Petrofac Limited has a 12 month low of GBX 345.20 ($4.54) and a 12 month high of GBX 955 ($12.56).

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About Petrofac Limited

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.

Analyst Recommendations for Petrofac Limited (LON:PFC)

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