Royal Bank Of Canada Upgrades Petrofac Ltd (POFCY) to “Sector Perform”

Petrofac Ltd (NASDAQ:POFCY) was upgraded by equities research analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating in a research report issued on Friday.

Separately, Zacks Investment Research upgraded Petrofac from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th.

Petrofac (NASDAQ POFCY) opened at 2.95 on Friday. Petrofac has a 52 week low of $2.20 and a 52 week high of $5.93. The company has a market capitalization of $2.01 billion and a P/E ratio of 34.30. The company’s 50 day moving average price is $2.81 and its 200-day moving average price is $3.86.

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