Jefferies Group LLC Boosts Ophir Energy Plc (OPHR) Price Target to GBX 82
Ophir Energy Plc (LON:OPHR) had its price objective increased by Jefferies Group LLC from GBX 75 ($0.97) to GBX 82 ($1.06) in a report released on Tuesday. They currently have a hold rating on the stock.
Other research analysts have also issued reports about the company. Deutsche Bank AG reaffirmed a buy rating and set a GBX 120 ($1.55) target price on shares of Ophir Energy Plc in a research report on Wednesday, June 7th. GMP Securities reaffirmed a reduce rating on shares of Ophir Energy Plc in a research report on Wednesday, July 5th. Barclays PLC lowered their target price on Ophir Energy Plc from GBX 110 ($1.42) to GBX 100 ($1.29) and set an overweight rating for the company in a research report on Thursday, June 22nd. Macquarie raised Ophir Energy Plc to an outperform rating and lowered their target price for the stock from GBX 89 ($1.15) to GBX 85 ($1.10) in a research report on Monday, July 17th. Finally, Canaccord Genuity lowered their target price on Ophir Energy Plc from GBX 125 ($1.62) to GBX 110 ($1.42) and set a buy rating for the company in a research report on Friday, May 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 98.38 ($1.27).
Shares of Ophir Energy Plc (LON OPHR) opened at 75.50 on Tuesday. Ophir Energy Plc has a 52 week low of GBX 67.00 and a 52 week high of GBX 103.41. The firm’s market capitalization is GBX 533.11 million. The company’s 50 day moving average price is GBX 73.74 and its 200-day moving average price is GBX 84.44.
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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