Citigroup Inc. restated their neutral rating on shares of Ophir Energy Plc (LON:OPHR) in a report issued on Monday.

Analyst Recommendations for Ophir Energy Plc (LON:OPHR)

Several other equities research analysts have also issued reports on the company. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 70 ($0.91) price objective on shares of Ophir Energy Plc in a research note on Friday, September 16th. Macquarie lowered their price objective on Ophir Energy Plc from GBX 75 ($0.98) to GBX 71 ($0.93) and set a neutral rating for the company in a research note on Friday, September 16th. FirstEnergy Capital reaffirmed a market perform rating and issued a GBX 85 ($1.11) price objective on shares of Ophir Energy Plc in a research note on Thursday, September 15th. Deutsche Bank AG reaffirmed a buy rating on shares of Ophir Energy Plc in a research note on Thursday, September 15th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 80 ($1.04) price objective on shares of Ophir Energy Plc in a research note on Wednesday, August 31st. 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 stock currently has an average rating of Hold and a consensus price target of GBX 90.42 ($1.18).

Shares of Ophir Energy Plc (LON:OPHR) opened at 78.50 on Monday. The company has a 50-day moving average price of GBX 72.79 and a 200 day moving average price of GBX 73.85. The stock’s market capitalization is GBX 551.17 million. Ophir Energy Plc has a 52 week low of GBX 63.49 and a 52 week high of GBX 107.80.

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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