Ophir Energy Plc’s (OPHR) Neutral Rating Reiterated at Citigroup Inc.
Citigroup Inc. reiterated their neutral rating on shares of Ophir Energy Plc (LON:OPHR) in a research report sent to investors on Friday. Citigroup Inc. currently has a GBX 90 ($1.16) price target on the stock.
Other equities research analysts also recently issued reports about the stock. 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 note on Wednesday, June 7th. Barclays PLC reaffirmed an overweight rating and set a GBX 100 ($1.29) target price on shares of Ophir Energy Plc in a research note on Friday. GMP Securities reaffirmed a reduce rating on shares of Ophir Energy Plc in a research note on Wednesday, July 5th. Macquarie raised shares of Ophir Energy Plc to an outperform rating and cut their target price for the stock from GBX 89 ($1.15) to GBX 85 ($1.10) in a research note on Monday, July 17th. Finally, Jefferies Group LLC raised shares of Ophir Energy Plc to a hold rating and set a GBX 75 ($0.97) target price on the stock in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 101.75 ($1.31).
Shares of Ophir Energy Plc (LON:OPHR) opened at 73.00 on Friday. 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 515.45 million. The firm has a 50-day moving average of GBX 74.64 and a 200 day moving average of GBX 82.28.
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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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