Ophir Energy Plc (OPHR) Stock Rating Reaffirmed by Barclays PLC
Ophir Energy Plc (LON:OPHR)‘s stock had its “overweight” rating reaffirmed by stock analysts at Barclays PLC in a report issued on Friday. They presently have a GBX 100 ($1.29) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 33.33% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the company. Deutsche Bank AG reissued a “buy” rating and issued a GBX 120 ($1.55) price objective on shares of Ophir Energy Plc in a research report on Wednesday, June 7th. Canaccord Genuity reduced their price objective on Ophir Energy Plc from GBX 125 ($1.61) to GBX 110 ($1.42) and set a “buy” rating for the company in a research report on Friday, May 26th. Jefferies Group LLC raised Ophir Energy Plc to a “hold” rating and set a GBX 75 ($0.97) price objective for the company in a research report on Monday, July 24th. Macquarie reduced their price objective on Ophir Energy Plc from GBX 94 ($1.21) to GBX 89 ($1.15) and set a “neutral” rating for the company in a research report on Wednesday, June 21st. Finally, GMP Securities reissued a “reduce” rating on shares of Ophir Energy Plc in a research report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Ophir Energy Plc currently has a consensus rating of “Hold” and a consensus price target of GBX 101.13 ($1.31).
Shares of Ophir Energy Plc (OPHR) opened at 75.00 on Friday. Ophir Energy Plc has a 52 week low of GBX 67.00 and a 52 week high of GBX 103.41. The company has a 50 day moving average of GBX 74.57 and a 200-day moving average of GBX 82.34. The company’s market cap is GBX 529.58 million.
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Ophir Energy Plc Company Profile
Ophir Energy plc is an upstream oil and gas exploration and production company focused on Asia and Africa. The principal activity of the Company is the development of offshore and deepwater oil and gas exploration assets. The Company’s geographical segments are Africa, Asia and are head-quartered in London, United Kingdom.
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