Ophir Energy Plc (OPHR) PT Lowered to GBX 80 at Credit Suisse Group
Ophir Energy Plc (LON:OPHR) had its price target reduced by Credit Suisse Group from GBX 85 ($1.13) to GBX 80 ($1.07) in a research report released on Friday, Marketbeat.com reports. They currently have a neutral rating on the stock.
A number of other analysts also recently commented on the company. Jefferies Group LLC restated a buy rating and set a GBX 90 ($1.20) price objective on shares of Ophir Energy in a report on Wednesday, October 4th. Deutsche Bank AG restated a buy rating and set a GBX 100 ($1.33) price objective on shares of Ophir Energy in a report on Wednesday, September 13th. Citigroup Inc. restated a neutral rating and set a GBX 90 ($1.20) price objective on shares of Ophir Energy in a report on Friday, September 15th. Macquarie restated an outperform rating and set a GBX 106 ($1.41) price objective on shares of Ophir Energy in a report on Tuesday, October 10th. Finally, Barclays PLC restated an overweight rating and set a GBX 100 ($1.33) price objective on shares of Ophir Energy in a report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. Ophir Energy presently has an average rating of Buy and a consensus price target of GBX 96.57 ($1.29).
Shares of Ophir Energy (OPHR) opened at GBX 64 ($0.85) on Friday. Ophir Energy has a twelve month low of GBX 58.50 ($0.78) and a twelve month high of GBX 103.41 ($1.38).
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Ophir Energy 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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