RBC Capital Markets started coverage on shares of Petrofac Ltd (NASDAQ:POFCY) in a research report released on Tuesday. The firm issued a sector perform rating on the stock.

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.

5 Day Chart for NASDAQ:POFCY

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