Petrofac Ltd (POFCY) Receives New Coverage from Analysts at RBC Capital Markets
Other research analysts have also issued reports about the stock. Goldman Sachs Group Inc. upgraded shares of Petrofac from a neutral rating to a buy rating in a report on Wednesday, September 28th. Zacks Investment Research raised shares of Petrofac from a sell rating to a hold rating in a research report on Tuesday, August 23rd.
Petrofac (NASDAQ:POFCY) traded down 1.05% during midday trading on Tuesday, hitting $5.63. 3,321 shares of the stock traded hands. The stock’s 50-day moving average price is $5.53 and its 200 day moving average price is $5.56. Petrofac has a 52 week low of $4.45 and a 52 week high of $7.25. The company’s market capitalization is $3.83 billion.
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