Other equities research analysts have also recently issued research reports about the company. Deutsche Bank AG restated a buy rating and set a GBX 120 ($1.62) price objective on shares of Ophir Energy Plc in a report on Wednesday, June 7th. Barclays PLC restated an overweight rating and set a GBX 100 ($1.35) price objective on shares of Ophir Energy Plc in a report on Friday. GMP Securities restated a reduce rating on shares of Ophir Energy Plc in a report on Wednesday, July 5th. Macquarie upgraded Ophir Energy Plc to an outperform rating and reduced their price objective for the stock from GBX 89 ($1.20) to GBX 85 ($1.15) in a report on Monday, July 17th. Finally, Jefferies Group LLC upgraded Ophir Energy Plc to a hold rating and set a GBX 75 ($1.01) price objective for the company in a report on Monday, July 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 99.63 ($1.34).
Ophir Energy Plc (OPHR) opened at 74.75 on Friday. The firm has a 50-day moving average price of GBX 74.71 and a 200 day moving average price of GBX 82.00. The firm’s market cap is GBX 527.81 million. Ophir Energy Plc has a 12-month low of GBX 67.00 and a 12-month high of GBX 103.41.
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About Ophir Energy Plc
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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