Jefferies Group LLC Reaffirms Buy Rating for Ophir Energy Plc (OPHR)
Jefferies Group LLC reissued their buy rating on shares of Ophir Energy Plc (LON:OPHR) in a research report report published on Wednesday morning. Jefferies Group LLC currently has a GBX 90 ($1.19) target price on the stock.
Several other equities analysts also recently weighed in on the stock. Deutsche Bank AG reissued a buy rating and issued a GBX 120 ($1.59) price target on shares of Ophir Energy Plc in a research note on Wednesday, June 7th. Barclays PLC reaffirmed an overweight rating and set a GBX 100 ($1.33) target price on shares of Ophir Energy Plc in a research note on Friday, September 15th. Macquarie reduced their target price on shares of Ophir Energy Plc from GBX 94 ($1.25) to GBX 89 ($1.18) and set a neutral rating on the stock in a research note on Wednesday, June 21st. Citigroup Inc. reaffirmed a neutral rating and set a GBX 90 ($1.19) target price on shares of Ophir Energy Plc in a research note on Friday, September 15th. Finally, Credit Suisse Group downgraded shares of Ophir Energy Plc to a neutral rating and reduced their target price for the stock from GBX 100 ($1.33) to GBX 85 ($1.13) in a research note on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 99.63 ($1.32).
Shares of Ophir Energy Plc (LON:OPHR) opened at 73.75 on Wednesday. Ophir Energy Plc has a 12 month low of GBX 67.00 and a 12 month high of GBX 103.41. The company’s 50 day moving average is GBX 74.81 and its 200 day moving average is GBX 80.55. The company’s market cap is GBX 520.85 million.
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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 are head-quartered in London, United Kingdom.
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