Petrofac Limited (LON:PFC) insider Weller,Tim acquired 15 shares of the company’s stock in a transaction dated Thursday, September 15th. The stock was bought at an average cost of GBX 806 ($10.52) per share, for a total transaction of £120.90 ($157.81).

Weller,Tim also recently made the following trade(s):

  • On Monday, August 15th, Weller,Tim acquired 15 shares of Petrofac Limited stock. The stock was bought at an average cost of GBX 834 ($10.89) per share, for a total transaction of £125.10 ($163.29).
  • On Friday, July 15th, Weller,Tim acquired 16 shares of Petrofac Limited stock. The stock was bought at an average cost of GBX 799 ($10.43) per share, for a total transaction of £127.84 ($166.87).

Shares of Petrofac Limited (LON:PFC) opened at 821.00 on Wednesday. Petrofac Limited has a 52-week low of GBX 635.00 and a 52-week high of GBX 1,016.09. The company’s 50-day moving average is GBX 827.59 and its 200 day moving average is GBX 824.16. The firm’s market capitalization is GBX 2.79 billion.

The company also recently disclosed a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 22nd will be paid a GBX 0.22 ($0.00) dividend. This represents a yield of 2.06%. The ex-dividend date is Thursday, September 22nd.

Several equities analysts have recently weighed in on the stock. Barclays PLC reissued an “overweight” rating and issued a GBX 1,165 ($15.21) price objective on shares of Petrofac Limited in a research report on Wednesday, August 24th. Liberum Capital reissued a “buy” rating and issued a GBX 1,000 ($13.05) price objective on shares of Petrofac Limited in a research report on Wednesday, August 24th. Canaccord Genuity reissued a “buy” rating and issued a GBX 850 ($11.10) price objective on shares of Petrofac Limited in a research report on Wednesday, August 31st. Morgan Stanley increased their price objective on shares of Petrofac Limited from GBX 700 ($9.14) to GBX 785 ($10.25) and gave the company an “underweight” rating in a research report on Wednesday, August 31st. Finally, Deutsche Bank AG assumed coverage on shares of Petrofac Limited in a research report on Wednesday, August 31st. They issued a “hold” rating and a GBX 900 ($11.75) price objective on the stock. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 947.80 ($12.37).

About Petrofac Limited

Petrofac Limited is an international service provider to the oil and gas production and processing industry. The Company designs, builds, operates and maintains oil and gas facilities, delivered through a range of commercial models, enabling it to respond to the distinct needs of each client and enabling them to manage their assets across the oil and gas life cycle.

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