Ophir Energy Plc (OPHR) Receives Consensus Rating of “Buy” from Analysts

Ophir Energy Plc (LON:OPHR) has been assigned an average rating of “Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 96.57 ($1.27).

Several research analysts recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 100 ($1.32) target price on shares of Ophir Energy in a research report on Friday. Credit Suisse Group cut their target price on Ophir Energy from GBX 85 ($1.12) to GBX 80 ($1.05) and set a “neutral” rating on the stock in a research report on Friday. Macquarie reiterated an “outperform” rating and issued a GBX 106 ($1.39) price target on shares of Ophir Energy in a report on Tuesday, October 10th. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 90 ($1.18) price target on shares of Ophir Energy in a report on Wednesday, October 4th. Finally, Citigroup Inc. reiterated a “neutral” rating and issued a GBX 90 ($1.18) price target on shares of Ophir Energy in a report on Friday, September 15th.

Ophir Energy (LON:OPHR) opened at GBX 66.69 ($0.88) on Monday. Ophir Energy has a 52-week low of GBX 58.50 ($0.77) and a 52-week high of GBX 103.41 ($1.36).

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About Ophir Energy

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.

Analyst Recommendations for Ophir Energy (LON:OPHR)

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