Ophir Energy Plc (OPHR) Rating Reiterated by Citigroup Inc.
Ophir Energy Plc (LON:OPHR)‘s stock had its “neutral” rating reaffirmed by investment analysts at Citigroup Inc. in a research note issued to investors on Friday. They currently have a GBX 90 ($1.16) price objective on the stock. Citigroup Inc.’s price target suggests a potential upside of 20.00% from the stock’s previous close.
Several other analysts also recently weighed in on OPHR. Barclays PLC restated an “overweight” rating and set a GBX 100 ($1.29) target price on shares of Ophir Energy Plc in a research note on Friday. Macquarie restated an “outperform” rating and set a GBX 107 ($1.38) target price on shares of Ophir Energy Plc in a research note on Tuesday. Deutsche Bank AG restated a “buy” rating and set a GBX 100 ($1.29) target price on shares of Ophir Energy Plc in a research note on Wednesday. Jefferies Group LLC raised their target price on Ophir Energy Plc from GBX 75 ($0.97) to GBX 82 ($1.06) and gave the company a “hold” rating in a research note on Tuesday, August 29th. Finally, GMP Securities restated a “reduce” rating on shares of Ophir Energy Plc in a research note on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 99.89 ($1.29).
Ophir Energy Plc (OPHR) opened at 75.00 on Friday. The stock’s market capitalization is GBX 529.58 million. The company has a 50-day moving average price of GBX 74.57 and a 200-day moving average price of GBX 82.34. Ophir Energy Plc has a 12-month low of GBX 67.00 and a 12-month high of GBX 103.41.
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About Ophir Energy Plc
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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