Premier Oil PLC (OTCMKTS:PMOIY) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, July 13th.

Other analysts also recently issued reports about the company. Jefferies Group LLC downgraded Premier Oil PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Zacks Investment Research downgraded Premier Oil PLC from a “hold” rating to a “sell” rating in a research note on Thursday, May 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Premier Oil PLC currently has a consensus rating of “Hold” and a consensus target price of $1.00.

Premier Oil PLC (OTCMKTS:PMOIY) opened at 0.75 on Thursday. The stock has a market cap of $382.50 million, a PE ratio of 3.14 and a beta of 2.11. The firm has a 50-day moving average price of $0.70 and a 200 day moving average price of $0.82. Premier Oil PLC has a 52-week low of $0.56 and a 52-week high of $1.15.

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About Premier Oil PLC

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company’s operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Premier Oil PLC (OTCMKTS:PMOIY)

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