Societe Generale Gives Buy Rating to Petrofac Ltd (PFC)
A number of other firms have also recently commented on PFC. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Petrofac Ltd in a research note to investors on Friday. They now have a $35.12 price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Petrofac Ltd in a research note to investors on Wednesday, December 5th. They now have a $32.19 price target on the stock.
Shares of Petrofac Ltd opened at 1654.9999 on Monday. Petrofac Ltd has a one year low of GBX 1324.00 and a one year high of GBX 1784.00. The stock’s 50-day moving average is currently GBX 1579.. The company’s market cap is £5.634 billion.
Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry.
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