Petrofac (POFCF) Now Covered by Royal Bank Of Canada

Investment analysts at Royal Bank Of Canada assumed coverage on shares of Petrofac (NASDAQ:POFCF) in a report released on Tuesday. The brokerage set a “sector perform” rating on the stock.

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.

5 Day Chart for NASDAQ:POFCF

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