Ophir Energy Plc’s (OPHR) Buy Rating Reiterated at Deutsche Bank AG
Several other equities analysts have also commented on the stock. Canaccord Genuity restated a hold rating and issued a GBX 80 ($1.04) price objective on shares of Ophir Energy Plc in a report on Wednesday, August 31st. Barclays PLC reiterated an overweight rating and set a GBX 125 ($1.63) target price on shares of Ophir Energy Plc in a report on Wednesday, August 10th. Morgan Stanley assumed coverage on shares of Ophir Energy Plc in a report on Tuesday, July 19th. They set an equal weight rating and a GBX 90 ($1.17) target price on the stock. Liberum Capital upgraded shares of Ophir Energy Plc to a hold rating and increased their target price for the stock from GBX 67 ($0.87) to GBX 72 ($0.94) in a report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. upgraded shares of Ophir Energy Plc to an overweight rating and set a GBX 100 ($1.31) target price on the stock in a report on Tuesday, May 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 90.42 ($1.18).
Shares of Ophir Energy Plc (LON:OPHR) opened at 75.25 on Thursday. The firm’s market capitalization is GBX 528.35 million. The stock’s 50 day moving average is GBX 72.55 and its 200 day moving average is GBX 73.89. Ophir Energy Plc has a 1-year low of GBX 63.49 and a 1-year high of GBX 107.80.
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 Other. The Other segment includes the corporate centers in the United Kingdom, Australia and Singapore.
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