Ophir Energy Plc (LON:OPHR) has been given an average recommendation of “Hold” by the eight research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 87.67 ($1.21).
OPHR has been the topic of several research reports. Credit Suisse Group lowered their price objective on shares of Ophir Energy from GBX 85 ($1.17) to GBX 80 ($1.11) and set a “neutral” rating on the stock in a research report on Friday, November 24th. Deutsche Bank restated a “buy” rating and set a GBX 100 ($1.38) price objective on shares of Ophir Energy in a research report on Friday, November 24th. Jefferies Group restated a “buy” rating and set a GBX 90 ($1.24) price objective on shares of Ophir Energy in a research report on Wednesday, December 20th. Barclays restated an “overweight” rating and set a GBX 100 ($1.38) price objective on shares of Ophir Energy in a research report on Monday, January 15th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 75 ($1.04) price objective on shares of Ophir Energy in a research report on Wednesday, January 17th.
Ophir Energy (OPHR) traded up GBX 5.70 ($0.08) during midday trading on Wednesday, reaching GBX 61.90 ($0.86). 1,086,254 shares of the company’s stock traded hands, compared to its average volume of 1,320,000. Ophir Energy has a fifty-two week low of GBX 51 ($0.70) and a fifty-two week high of GBX 93.75 ($1.30). The stock has a market cap of $437.20 and a PE ratio of -562.73.
About Ophir Energy
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.
Receive News & Ratings for Ophir Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ophir Energy and related companies with MarketBeat.com's FREE daily email newsletter.