Ophir Energy Plc (LON:OPHR) Given Consensus Recommendation of “Hold” by Analysts
Shares of Ophir Energy Plc (LON:OPHR) have been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the stock. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 90.83 ($1.19).
OPHR has been the subject of a number of recent analyst reports. Credit Suisse Group AG reiterated an “underperform” rating and issued a GBX 70 ($0.91) target price on shares of Ophir Energy Plc in a research note on Friday, September 16th. Deutsche Bank AG reissued a “buy” rating on shares of Ophir Energy Plc in a research report on Thursday, September 15th. Barclays PLC reissued an “overweight” rating and set a GBX 125 ($1.63) price target on shares of Ophir Energy Plc in a research report on Monday, September 26th. Canaccord Genuity reissued a “hold” rating and set a GBX 80 ($1.04) price target on shares of Ophir Energy Plc in a research report on Wednesday, August 31st. Finally, FirstEnergy Capital reissued a “market perform” rating and set a GBX 85 ($1.11) price target on shares of Ophir Energy Plc in a research report on Thursday, September 15th.
Shares of Ophir Energy Plc (LON:OPHR) traded up 1.92% during trading on Wednesday, hitting GBX 79.75. 1,047,814 shares of the company were exchanged. The firm’s market capitalization is GBX 559.95 million. Ophir Energy Plc has a 12 month low of GBX 63.49 and a 12 month high of GBX 107.80. The firm’s 50-day moving average price is GBX 75.40 and its 200 day moving average price is GBX 73.30.
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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