Ophir Energy Plc (OPHR) Given New GBX 95 Price Target at Deutsche Bank AG
OPHR has been the subject of several other reports. Macquarie decreased their target price on shares of Ophir Energy Plc from GBX 75 ($0.98) to GBX 71 ($0.93) and set a neutral rating for the company in a report on Friday, September 16th. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 70 ($0.91) target price on shares of Ophir Energy Plc in a report on Friday, September 16th. Barclays PLC lifted their target price on shares of Ophir Energy Plc from GBX 110 ($1.44) to GBX 125 ($1.63) and gave the stock an overweight rating in a report on Thursday, June 9th. Citigroup Inc. reaffirmed a neutral rating on shares of Ophir Energy Plc in a report on Monday, September 19th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 80 ($1.04) target price on shares of Ophir Energy Plc in a report on Wednesday, August 31st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 90.83 ($1.19).
Shares of Ophir Energy Plc (LON:OPHR) traded up 2.30% during mid-day trading on Friday, hitting GBX 79.03. 583,732 shares of the company were exchanged. Ophir Energy Plc has a 52 week low of GBX 63.49 and a 52 week high of GBX 107.80. The company’s market capitalization is GBX 554.89 million. The company has a 50 day moving average of GBX 74.57 and a 200 day moving average of GBX 73.55.
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 Other. The Other segment includes the corporate centers in the United Kingdom, Australia and Singapore.
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