Petrofac (OTCMKTS:POFCY)‘s stock had its “equal weight” rating reissued by Barclays in a report issued on Thursday, The Fly reports.

Other analysts have also issued reports about the company. Credit Suisse Group reaffirmed a “neutral” rating on shares of Petrofac in a report on Thursday, December 17th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Petrofac in a research note on Wednesday, March 17th. Royal Bank of Canada reissued a “sector perform” rating on shares of Petrofac in a research note on Wednesday, March 17th. Investec lowered Petrofac from a “buy” rating to a “hold” rating in a report on Tuesday, January 5th. Finally, Zacks Investment Research lowered shares of Petrofac from a “hold” rating to a “sell” rating in a report on Thursday, March 25th. Two equities research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $0.75.

OTCMKTS:POFCY traded up $0.06 during mid-day trading on Thursday, hitting $0.71. The company’s stock had a trading volume of 7,642 shares, compared to its average volume of 13,313. The business’s fifty day moving average is $0.80 and its two-hundred day moving average is $0.84. The stock has a market cap of $487.74 million, a price-to-earnings ratio of 1.72 and a beta of 1.48. Petrofac has a 1 year low of $0.63 and a 1 year high of $1.42. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.35 and a quick ratio of 1.34.

Petrofac Company Profile

Petrofac Limited, an oilfield service company, provides services to the oil and gas production and processing industry worldwide. The company operates through three segments: Engineering & Construction; Engineering & Production Services; and Integrated Energy Services. The Engineering & Construction segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services.

Read More: What are the most popular ETFs

The Fly

Analyst Recommendations for Petrofac (OTCMKTS:POFCY)

Receive News & Ratings for Petrofac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrofac and related companies with MarketBeat.com's FREE daily email newsletter.