Ophir Energy Plc (OPHR) Upgraded by Jefferies Group LLC to “Hold”
Jefferies Group LLC upgraded shares of Ophir Energy Plc (LON:OPHR) to a hold rating in a research report released on Monday, July 24th. They currently have GBX 75 ($0.97) price objective on the stock.
Other equities research analysts also recently issued reports about the stock. Deutsche Bank AG reiterated a buy rating and issued a GBX 120 ($1.56) target price on shares of Ophir Energy Plc in a research note on Tuesday, April 18th. Canaccord Genuity cut their target price on shares of Ophir Energy Plc from GBX 125 ($1.62) to GBX 110 ($1.43) and set a buy rating for the company in a research note on Friday, May 26th. Macquarie cut their target price on shares of Ophir Energy Plc from GBX 94 ($1.22) to GBX 89 ($1.16) and set a neutral rating for the company in a research note on Wednesday, June 21st. Barclays PLC reissued an overweight rating and issued a GBX 100 ($1.30) price target on shares of Ophir Energy Plc in a report on Friday, July 14th. Finally, GMP Securities reissued a reduce rating on shares of Ophir Energy Plc in a report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 97.50 ($1.27).
Ophir Energy Plc (LON OPHR) traded up 4.75% during trading on Monday, hitting GBX 77.25. The stock had a trading volume of 1,146,971 shares. The company’s market capitalization is GBX 545.46 million. Ophir Energy Plc has a 12-month low of GBX 67.00 and a 12-month high of GBX 103.41. The stock has a 50 day moving average price of GBX 74.51 and a 200 day moving average price of GBX 84.96.
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 are head-quartered in London, United Kingdom.
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