Royal Bank Of Canada Initiates Coverage on Petrofac (POFCF)
A number of other analysts have also issued reports on the stock. Goldman Sachs Group Inc. upgraded shares of Petrofac from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 28th. Credit Suisse Group AG initiated coverage on shares of Petrofac in a research note on Monday, September 19th. They set an “outperform” rating on the stock.
Petrofac (NASDAQ:POFCF) opened at 11.90 on Tuesday. The stock has a 50 day moving average of $10.93 and a 200-day moving average of $11.16. Petrofac has a 12-month low of $9.11 and a 12-month high of $14.25. The company’s market capitalization is $4.05 billion.
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