Ophir Energy (LON:OPHR)‘s stock had its “hold” rating reaffirmed by analysts at Peel Hunt in a research report issued on Tuesday.
A number of other equities research analysts have also recently commented on the company. UBS Group increased 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. BMO Capital Markets cut Ophir Energy to a “market perform” rating in a research note on Friday, June 1st. Jefferies Financial Group cut Ophir Energy to a “hold” rating in a research note on Monday, June 11th. Finally, Citigroup cut their target price on Ophir Energy from GBX 90 ($1.17) to GBX 42 ($0.55) and set a “neutral” rating on the stock in a research note on Monday, September 17th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Ophir Energy currently has an average rating of “Buy” and an average price target of GBX 77.33 ($1.01).
LON OPHR opened at GBX 37.90 ($0.49) 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).
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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