Petrofac Ltd (LON: PFC)‘s stock had its “buy” rating reiterated by investment analysts at Nomura in a note issued to investors on Wednesday. They currently have a $30.18 (1870 GBX) target price on the stock.

Shares of Petrofac Ltd opened at 1593.00 on Wednesday. Petrofac Ltd has a one year low of GBX 1086.00 and a one year high of GBX 1784.00. The company’s market cap is £5.423 billion.

PFC has been the subject of a number of other recent research reports. Analysts at Investec upgraded shares of Petrofac Ltd to a “buy” rating in a research note to investors on Friday, September 14th. They now have a $32.26 price target on the stock. Separately, analysts at Liberum Capital Ltd reiterated a “buy” rating on shares of Petrofac Ltd in a research note to investors on Tuesday, September 4th. They now have a $27.03 price target on the stock.

Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry.

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