Premier Oil Given Hold Rating at Jefferies Group (PMO)
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Premier Oil in a research note to investors on Thursday. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Premier Oil in a research note to investors on Thursday. They now have a $6.95 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Premier Oil in a research note to investors on Tuesday. They now have a $8.61 price target on the stock.
Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $7.41 (491 GBX).
Premier Oil (LON: PMO) opened at 396.00 on Friday. Premier Oil has a 1-year low of GBX 314.30 and a 1-year high of GBX 429.00. The stock’s 50-day moving average is currently GBX 370.6. The company’s market cap is £2.073 billion.
Premier Oil plc (LON: PMO) 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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