Ophir Energy Plc (OPHR) Receives Consensus Rating of “Buy” from Brokerages
Shares of Ophir Energy Plc (LON:OPHR) have been assigned an average recommendation of “Buy” from the eight research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 96.57 ($1.31).
OPHR has been the topic of a number of recent analyst reports. Jefferies Group raised shares of Ophir Energy to a “buy” rating and raised their price target for the company from GBX 82 ($1.11) to GBX 90 ($1.22) in a research report on Tuesday, September 19th. Credit Suisse Group lowered shares of Ophir Energy to a “neutral” rating and dropped their price target for the company from GBX 100 ($1.36) to GBX 85 ($1.15) in a research report on Tuesday, September 19th. Macquarie reissued an “outperform” rating and set a GBX 106 ($1.44) price target on shares of Ophir Energy in a research report on Tuesday, October 10th. Deutsche Bank reissued a “buy” rating and set a GBX 100 ($1.36) price target on shares of Ophir Energy in a research report on Friday, November 24th. Finally, Barclays reissued an “overweight” rating and set a GBX 100 ($1.36) price target on shares of Ophir Energy in a research report on Monday.
Ophir Energy (LON:OPHR) opened at GBX 76 ($1.03) on Tuesday. Ophir Energy has a 12-month low of GBX 58.50 ($0.79) and a 12-month high of GBX 97.50 ($1.32). The firm has a market cap of $529.32 and a PE ratio of -633.33.
Ophir Energy Company Profile
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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