Liberum Capital Ltd Lowers Premier Oil to Sell (PMO)
Premier Oil traded down 2.31% on Monday, hitting GBX 378.468. Premier Oil has a 52-week low of GBX 272.00 and a 52-week high of GBX 452.70. The company’s market cap is £1.982 billion.
A number of other analysts have also recently weighed in on PMO. Analysts at HSBC reiterated an “overweight” rating on shares of Premier Oil in a research note to investors on Tuesday, August 28th. They now have a $7.94 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil in a research note to investors on Tuesday, August 21st. They now have a $9.21 price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Premier Oil in a research note to investors on Wednesday, August 22nd. They now have a $6.90 price target on the stock.
Premier Oil plc (Premier) is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia and in the Middle East, Africa and Pakistan regions.
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