Ophir Energy Plc (OPHR) Earns “Underperform” Rating from Credit Suisse Group AG
Credit Suisse Group AG reissued their underperform rating on shares of Ophir Energy Plc (LON:OPHR) in a research report report published on Friday morning. The firm currently has a GBX 70 ($0.91) price objective on the stock.
A number of other research analysts have also recently weighed in on the stock. Macquarie reduced their price target on shares of Ophir Energy Plc from GBX 75 ($0.98) to GBX 71 ($0.93) and set a neutral rating on the stock in a research report on Friday, September 16th. FirstEnergy Capital reaffirmed a market perform rating and set a GBX 85 ($1.11) price target on shares of Ophir Energy Plc in a research report on Thursday, September 15th. Deutsche Bank AG reaffirmed a buy rating on shares of Ophir Energy Plc in a research report on Thursday, September 15th. Canaccord Genuity reaffirmed a hold rating and set a GBX 80 ($1.04) price target on shares of Ophir Energy Plc in a research report on Wednesday, August 31st. Finally, Barclays PLC reaffirmed an overweight rating and set a GBX 125 ($1.63) price target on shares of Ophir Energy Plc in a research report on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 90.42 ($1.18).
Ophir Energy Plc (LON:OPHR) opened at 78.00 on Friday. Ophir Energy Plc has a one year low of GBX 63.49 and a one year high of GBX 107.80. The stock has a 50 day moving average of GBX 72.79 and a 200 day moving average of GBX 73.85. The firm’s market cap is GBX 547.66 million.
Ophir Energy Plc 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 Other. The Other segment includes the corporate centers in the United Kingdom, Australia and Singapore.
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