Jefferies Financial Group Downgrades Petrofac (OTCMKTS:POFCF) to Hold

Petrofac (OTCMKTS:POFCF) was downgraded by investment analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Monday, Automated Import reports.

OTCMKTS POFCF opened at $5.00 on Monday. Petrofac has a twelve month low of $4.54 and a twelve month high of $7.15. The stock has a 50-day simple moving average of $5.01 and a 200 day simple moving average of $5.15.

Petrofac Company Profile

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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Analyst Recommendations for Petrofac (OTCMKTS:POFCF)

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