Petrofac (NASDAQ:POFCF) was upgraded by investment analysts at Goldman Sachs Group Inc. from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Separately, Credit Suisse Group AG initiated coverage on Petrofac in a research note on Monday, September 19th. They issued an “outperform” rating on the stock.

Petrofac (NASDAQ:POFCF) remained flat at $11.00 during trading on Wednesday. The stock’s market cap is $3.74 billion. Petrofac has a one year low of $9.11 and a one year high of $14.25. The company’s 50-day moving average is $10.76 and its 200-day moving average is $11.31.

5 Day Chart for NASDAQ:POFCF

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