Separately, Credit Suisse Group AG assumed coverage on Petrofac in a research report on Monday, September 19th. They set an outperform rating on the stock.
Shares of Petrofac (NASDAQ:POFCF) remained flat at $11.00 during mid-day trading on Wednesday. The company’s market cap is $3.74 billion. The company has a 50-day moving average price of $10.80 and a 200-day moving average price of $11.31. Petrofac has a 12 month low of $9.11 and a 12 month high of $14.25.
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