Petroleum Geo-Services ASA (NASDAQ:PGSVY) Receives Consensus Recommendation of “Sell” from Analysts
Shares of Petroleum Geo-Services ASA (NASDAQ:PGSVY) have been given an average broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation.
Brokers have set a 1-year consensus target price of $2.40 for the company, according to Zacks. Zacks has also assigned Petroleum Geo-Services ASA an industry rank of 183 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Petroleum Geo-Services ASA from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th.
Shares of Petroleum Geo-Services ASA (NASDAQ:PGSVY) opened at 2.16 on Tuesday. Petroleum Geo-Services ASA has a 52-week low of $1.80 and a 52-week high of $4.95. The stock’s 50 day moving average is $2.16 and its 200 day moving average is $2.54. The stock’s market capitalization is $514.89 million.
About Petroleum Geo-Services ASA
Petroleum Geo-Services ASA (PGS) is a Norway-based marine geophysical company. The Company offers a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. PGS provides marine geophysical solutions that facilitate hydrocarbon discovery and recovery.
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