Societe Generale Reiterates Buy on Petrofac Ltd (PFC)
Petrofac Ltd (LON: PFC)‘s stock had its “buy” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Thursday. They currently have a $32.48 (2000 GBX) target price on the stock.
Shares of Petrofac Ltd opened at 1662.9999 on Thursday. Petrofac Ltd has a one year low of GBX 1324.00 and a one year high of GBX 1784.00. The company’s market cap is £5.661 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Petrofac Ltd in a research note to investors on Tuesday. They now have a $35.00 price target on the stock. Separately, 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. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Petrofac Ltd in a research note to investors on Wednesday, November 21st. They now have a $32.40 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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