Ophir Energy Plc’s (OPHR) Neutral Rating Reaffirmed at Davy Research
Ophir Energy Plc (LON:OPHR)‘s stock had its “neutral” rating reissued by equities research analysts at Davy Research in a research note issued on Thursday.
Several other brokerages have also recently issued reports on OPHR. Morgan Stanley started coverage on shares of Ophir Energy Plc in a research note on Tuesday, July 19th. They set an “equal weight” rating and a GBX 90 ($1.11) target price on the stock. Barclays PLC reaffirmed an “overweight” rating and set a GBX 125 ($1.55) target price on shares of Ophir Energy Plc in a research note on Monday, September 26th. FirstEnergy Capital reaffirmed a “market perform” rating and set a GBX 85 ($1.05) target price on shares of Ophir Energy Plc in a research note on Thursday, September 15th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 80 ($0.99) target price on shares of Ophir Energy Plc in a research note on Wednesday, August 31st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 90 ($1.11) target price on shares of Ophir Energy Plc in a research note on Thursday, September 8th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 90.08 ($1.12).
Ophir Energy Plc (LON:OPHR) opened at 78.75 on Thursday. Ophir Energy Plc has a 12-month low of GBX 63.49 and a 12-month high of GBX 104.80. The stock has a 50 day moving average of GBX 75.99 and a 200-day moving average of GBX 72.80. The company’s market capitalization is GBX 552.93 million.
About Ophir Energy Plc
Ophir Energy plc is an upstream oil and gas exploration and production company focused on Asia and Africa. The principal activity of the Company is the development of offshore and deepwater oil and gas exploration assets. The Company’s geographical segments are Africa, Asia and Other. The Other segment includes the corporate centers in the United Kingdom, Australia and Singapore.
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