Royal Bank Of Canada started coverage on shares of Petrofac (NASDAQ:POFCF) in a report issued on Tuesday morning. The brokerage issued a sector perform rating on the stock.

A number of other equities analysts have also recently commented on the stock. Goldman Sachs Group Inc. raised shares of Petrofac from a neutral rating to a buy rating in a research note on Wednesday, September 28th. Credit Suisse Group AG initiated coverage on shares of Petrofac in a research note on Monday, September 19th. They issued an outperform rating for the company.

Shares of Petrofac (NASDAQ:POFCF) remained flat at $11.90 during midday trading on Tuesday. The firm’s 50 day moving average is $10.97 and its 200-day moving average is $11.17. The stock’s market cap is $4.05 billion. Petrofac has a 1-year low of $9.11 and a 1-year high of $14.25.

5 Day Chart for NASDAQ:POFCF

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