Ophir Energy Plc (OPHR) PT Raised to GBX 95 at Deutsche Bank AG
Ophir Energy Plc (LON:OPHR) had its price objective increased by research analysts at Deutsche Bank AG from GBX 90 ($1.17) to GBX 95 ($1.24) in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s price target indicates a potential upside of 19.87% from the stock’s previous close.
A number of other research analysts also recently issued reports on OPHR. Barclays PLC reissued an “overweight” rating and set a GBX 125 ($1.63) price objective on shares of Ophir Energy Plc in a research report on Monday, September 26th. Credit Suisse Group AG reissued an “underperform” rating and set a GBX 70 ($0.91) price objective on shares of Ophir Energy Plc in a research report on Friday, September 16th. Macquarie reduced their price objective 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. Canaccord Genuity reissued a “hold” rating and set a GBX 80 ($1.04) price objective on shares of Ophir Energy Plc in a research report on Wednesday, August 31st. Finally, Citigroup Inc. reissued a “neutral” rating on shares of Ophir Energy Plc in a research report on Monday, September 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 90.83 ($1.19).
Shares of Ophir Energy Plc (LON:OPHR) opened at 79.25 on Friday. The stock’s 50 day moving average is GBX 75.06 and its 200-day moving average is GBX 73.38. The company’s market cap is GBX 556.44 million. Ophir Energy Plc has a one year low of GBX 63.49 and a one year high of GBX 107.80.
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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