Ophir Energy (LON:OPHR)‘s stock had its “hold” rating reissued by research analysts at Peel Hunt in a note issued to investors on Monday.
Several other research firms have also recently commented on OPHR. Barclays cut Ophir Energy to an “equal weight” rating and reduced their target price for the stock from GBX 100 ($1.34) to GBX 85 ($1.14) in a research report on Thursday, January 25th. Credit Suisse Group restated an “outperform” rating and set a GBX 80 ($1.07) target price on shares of Ophir Energy in a research report on Tuesday, February 27th. UBS reduced their target price on Ophir Energy from GBX 100 ($1.34) to GBX 53 ($0.71) and set a “buy” rating for the company in a research report on Wednesday, April 4th. Finally, Deutsche Bank reduced their target price on Ophir Energy from GBX 100 ($1.34) to GBX 85 ($1.14) and set a “buy” rating for the company in a research report on Thursday, March 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 81.56 ($1.09).
Ophir Energy stock opened at GBX 67 ($0.90) on Monday. Ophir Energy has a 52 week low of GBX 51 ($0.68) and a 52 week high of GBX 93.75 ($1.26).
About Ophir Energy
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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