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

Analyst Recommendations for Ophir Energy Plc (LON:OPHR)

Several other brokerages have also recently issued reports on OPHR. Deutsche Bank AG reiterated a buy rating and issued a GBX 90 ($1.17) price objective on shares of Ophir Energy Plc in a research note on Thursday, September 8th. Barclays PLC increased their price objective on Ophir Energy Plc from GBX 110 ($1.44) to GBX 125 ($1.63) and gave the company an overweight rating in a research note on Thursday, June 9th. Macquarie reduced their price objective on Ophir Energy Plc from GBX 75 ($0.98) to GBX 71 ($0.93) and set a neutral rating on the stock in a research note on Friday, September 16th. Credit Suisse Group AG reiterated 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. Finally, Canaccord Genuity reiterated 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 research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. Ophir Energy Plc currently has a consensus rating of Hold and an average price target of GBX 90.42 ($1.18).

Shares of Ophir Energy Plc (LON:OPHR) opened at 78.50 on Monday. The firm’s 50-day moving average price is GBX 72.79 and its 200 day moving average price is GBX 73.85. The stock’s market cap is GBX 551.17 million. Ophir Energy Plc has a 1-year low of GBX 63.49 and a 1-year high of GBX 107.80.

Ophir Energy Plc Company Profile

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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