Petrofac (POFCF) Given Average Rating of “Hold” by Brokerages
Petrofac (OTCMKTS:POFCF) has received an average recommendation of “Hold” from the six research firms that are covering the firm. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.
A number of equities analysts have issued reports on the company. Goldman Sachs Group Inc. raised Petrofac from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 28th. Credit Suisse Group AG assumed coverage on Petrofac in a research note on Monday, September 19th. They set an “outperform” rating for the company. Finally, Royal Bank Of Canada assumed coverage on Petrofac in a research note on Tuesday. They set a “sector perform” rating for the company.
Shares of Petrofac (OTCMKTS:POFCF) remained flat at $11.90 during mid-day trading on Tuesday. 84 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $10.93 and its 200-day moving average price is $11.16. Petrofac has a 1-year low of $9.11 and a 1-year high of $14.25. The company’s market capitalization is $4.05 billion.
Petrofac Company Profile
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