A number of other equities analysts have also commented on the stock. Goldman Sachs Group Inc. upgraded shares of Petrofac from a “neutral” rating to a “buy” rating in a report on Wednesday, September 28th. Credit Suisse Group AG initiated coverage on shares of Petrofac in a report on Monday, September 19th. They issued an “outperform” rating on the stock.
Petrofac (NASDAQ:POFCF) opened at 11.90 on Tuesday. Petrofac has a one year low of $9.11 and a one year high of $14.25. The firm’s market capitalization is $4.05 billion. The stock has a 50 day moving average price of $11.01 and a 200 day moving average price of $11.17.
Receive News & Ratings for Petrofac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrofac and related companies with MarketBeat.com's FREE daily email newsletter.