FirstEnergy Capital Reaffirms “Market Perform” Rating for Ophir Energy Plc (OPHR)
FirstEnergy Capital restated their market perform rating on shares of Ophir Energy Plc (LON:OPHR) in a research note released on Thursday morning. They currently have a GBX 85 ($1.11) price target on the stock.
Other analysts have also recently issued research reports about the stock. Deutsche Bank AG reiterated a buy rating on shares of Ophir Energy Plc in a research report on Thursday, September 15th. Morgan Stanley assumed coverage on shares of Ophir Energy Plc in a research report on Tuesday, July 19th. They issued an equal weight rating and a GBX 90 ($1.17) price objective for the company. Liberum Capital upgraded shares of Ophir Energy Plc to a hold rating and upped their price objective for the company from GBX 67 ($0.87) to GBX 72 ($0.94) in a research report on Wednesday, June 29th. Canaccord Genuity restated a hold rating and issued a GBX 80 ($1.04) price objective on shares of Ophir Energy Plc in a research report on Wednesday, August 31st. Finally, Barclays PLC restated an overweight rating and issued a GBX 125 ($1.63) price objective on shares of Ophir Energy Plc in a research report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 90.42 ($1.18).
Shares of Ophir Energy Plc (LON:OPHR) opened at 74.50 on Thursday. The firm has a 50 day moving average price of GBX 72.44 and a 200-day moving average price of GBX 73.93. Ophir Energy Plc has a 12 month low of GBX 63.49 and a 12 month high of GBX 107.80. The firm’s market cap is GBX 525.82 million.
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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