Ophir Energy Plc (LON:OPHR) insider Vivien Gibney bought 30,000 shares of the stock in a transaction on Thursday, September 13th. The shares were acquired at an average cost of GBX 38 ($0.49) per share, with a total value of £11,400 ($14,849.55).

Ophir Energy stock opened at GBX 35.30 ($0.46) on Friday. Ophir Energy Plc has a 1 year low of GBX 51 ($0.66) and a 1 year high of GBX 93.75 ($1.22).

OPHR has been the subject of several research analyst reports. UBS Group boosted their target price on Ophir Energy from GBX 53 ($0.69) to GBX 80 ($1.04) and gave the stock a “buy” rating in a research note on Friday, September 7th. Peel Hunt reissued a “hold” rating on shares of Ophir Energy in a research note on Thursday. Jefferies Financial Group downgraded Ophir Energy to a “hold” rating in a research note on Monday, June 11th. Finally, BMO Capital Markets downgraded Ophir Energy to a “market perform” rating in a research note on Friday, June 1st. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 82.67 ($1.08).

Ophir Energy Company Profile

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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