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

Other equities research analysts have also issued reports about the company. Credit Suisse Group AG began coverage on Petrofac in a research report on Monday, September 19th. They issued an outperform rating on the stock. Goldman Sachs Group Inc. upgraded Petrofac from a neutral rating to a buy rating in a research report on Wednesday, September 28th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of Hold.

Analyst Recommendations for Petrofac (OTCMKTS:POFCF)

Petrofac (OTCMKTS:POFCF) opened at 11.90 on Tuesday. Petrofac has a 1-year low of $9.11 and a 1-year high of $14.25. The firm’s market cap is $4.05 billion. The stock has a 50 day moving average price of $10.97 and a 200 day moving average price of $11.17.

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