Ophir Energy Plc (OPHR) PT Raised to GBX 105
Ophir Energy Plc (LON:OPHR) had its target price upped by Deutsche Bank AG from GBX 95 ($1.19) to GBX 105 ($1.31) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s price objective would indicate a potential upside of 36.36% from the company’s current price.
Several other equities research analysts have also commented on the stock. Barclays PLC reissued an “overweight” rating and issued a GBX 125 ($1.56) price target on shares of Ophir Energy Plc in a report on Friday. Davy Research reaffirmed a “neutral” rating on shares of Ophir Energy Plc in a report on Thursday, November 10th. Jefferies Group dropped their target price on shares of Ophir Energy Plc from GBX 97 ($1.21) to GBX 88 ($1.10) and set a “hold” rating for the company in a report on Thursday, October 6th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Ophir Energy Plc in a report on Monday, September 19th. Finally, Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 70 ($0.87) target price on shares of Ophir Energy Plc in a report on Friday, September 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Ophir Energy Plc presently has a consensus rating of “Hold” and an average target price of GBX 90.92 ($1.14).
Shares of Ophir Energy Plc (LON:OPHR) opened at 78.275 on Friday. The stock has a 50 day moving average of GBX 76.06 and a 200 day moving average of GBX 72.71. The company’s market cap is GBX 549.59 million. Ophir Energy Plc has a 12-month low of GBX 63.49 and a 12-month high of GBX 104.80.
Ophir Energy Plc Company Profile
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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