Ophir Energy (OPHR) Earns Hold Rating from Peel Hunt
Several other research firms have also issued reports on OPHR. UBS Group raised their price target on Ophir Energy from GBX 53 ($0.69) to GBX 80 ($1.04) and gave the stock a buy rating in a research report on Friday, September 7th. Citigroup reduced their price target on Ophir Energy from GBX 90 ($1.17) to GBX 42 ($0.55) and set a neutral rating on the stock in a research report on Monday, September 17th. Jefferies Financial Group lowered Ophir Energy to a hold rating in a research report on Monday, June 11th. Finally, BMO Capital Markets lowered Ophir Energy to a market perform rating in a research report on Friday, June 1st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 77.33 ($1.01).
LON:OPHR opened at GBX 38.50 ($0.50) on Tuesday. Ophir Energy has a 12-month low of GBX 51 ($0.66) and a 12-month high of GBX 93.75 ($1.22).
About Ophir Energy
Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.
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