Ophir Energy (OPHR) Rating Reiterated by Peel Hunt
Ophir Energy (LON:OPHR)‘s stock had its “hold” rating restated by equities researchers at Peel Hunt in a report released on Thursday.
Other analysts have also recently issued reports about the stock. UBS Group upped their price target on shares of Ophir Energy from GBX 53 ($0.69) to GBX 80 ($1.04) and gave the company a “buy” rating in a research note on Friday, September 7th. Jefferies Financial Group cut shares of Ophir Energy to a “hold” rating in a research note on Monday, June 11th. Finally, BMO Capital Markets cut shares of Ophir Energy to a “market perform” rating in a research note on Friday, June 1st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 82.67 ($1.08).
Shares of OPHR stock opened at GBX 35.30 ($0.46) on Thursday. Ophir Energy has a 12 month low of GBX 51 ($0.66) and a 12 month high of GBX 93.75 ($1.22).
Ophir Energy Company Profile
Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.
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