Barclays PLC reiterated their overweight rating on shares of Ophir Energy Plc (LON:OPHR) in a research note published on Monday morning. Barclays PLC currently has a GBX 125 ($1.63) target price on the stock.
OPHR has been the subject of a number of other reports. Credit Suisse Group AG reiterated an underperform rating and issued a GBX 70 ($0.91) price objective on shares of Ophir Energy Plc in a research report on Friday, September 16th. Deutsche Bank AG upgraded Ophir Energy Plc to a buy rating and decreased their target price for the stock from GBX 125 ($1.63) to GBX 90 ($1.17) in a research report on Tuesday, May 31st. Canaccord Genuity restated a hold rating and set a GBX 80 ($1.04) target price on shares of Ophir Energy Plc in a research report on Wednesday, August 31st. FirstEnergy Capital restated a market perform rating and set a GBX 85 ($1.11) target price on shares of Ophir Energy Plc in a research report on Thursday, September 15th. Finally, Citigroup Inc. restated a neutral rating on shares of Ophir Energy Plc in a research report on Monday, September 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Ophir Energy Plc presently has a consensus rating of Hold and a consensus price target of GBX 90.42 ($1.18).
Ophir Energy Plc (LON:OPHR) opened at 75.50 on Monday. The company’s market cap is GBX 530.11 million. Ophir Energy Plc has a 12 month low of GBX 63.49 and a 12 month high of GBX 107.80. The company’s 50-day moving average is GBX 74.30 and its 200 day moving average is GBX 73.51.
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 Other. The Other segment includes the corporate centers in the United Kingdom, Australia and Singapore.
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