Petrofac Limited (OTCMKTS:POFCF) has been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.
Several research analysts recently weighed in on POFCF shares. Berenberg Bank started coverage on Petrofac in a research report on Tuesday, February 26th. They set a “hold” rating for the company. Goldman Sachs Group reiterated a “neutral” rating on shares of Petrofac in a research report on Tuesday, March 26th.
POFCF stock remained flat at $$5.22 during trading on Friday. Petrofac has a 52 week low of $4.79 and a 52 week high of $8.95.
Petrofac Limited, an oilfield service company, provides facilities solutions to the oil and gas production and processing industry worldwide. The company operates through three segments: Engineering & Construction; Engineering & Production Services; and Integrated Energy Services. The Engineering & Construction segment provides engineering, procurement, construction, installation, and commissioning services to the onshore oil and gas industry.
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