Sue Rivett Purchases 3,546 Shares of Pharos Energy (LON:PHAR) Stock

Pharos Energy plc (LON:PHAR) insider Sue Rivett bought 3,546 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was acquired at an average cost of GBX 28 per share, with a total value of £992.88.

Sue Rivett also recently made the following trade(s):

• On Monday, April 27th, Sue Rivett bought 3,482 shares of Pharos Energy stock. The stock was acquired at an average cost of GBX 28 per share, with a total value of £974.96.
• On Friday, February 27th, Sue Rivett sold 4,030 shares of Pharos Energy stock. The shares were sold at an average price of GBX 24, for a total transaction of £967.20.

Pharos Energy Stock Performance

PHAR stock opened at GBX 28 on Thursday. The firm has a fifty day moving average price of GBX 27.86 and a 200 day moving average price of GBX 23.83. Pharos Energy plc has a fifty-two week low of GBX 18.25 and a fifty-two week high of GBX 31. The firm has a market cap of £115.95 million, a PE ratio of -17.50, a price-to-earnings-growth ratio of -0.02 and a beta of 0.30.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating and issued a GBX 36 price target on shares of Pharos Energy in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Pharos Energy has a consensus rating of “Buy” and a consensus price target of GBX 45.50.

About Pharos Energy

Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.