Ophir Energy Plc (OPHR) Given Average Rating of “Hold” by Analysts

Shares of Ophir Energy Plc (LON:OPHR) have received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 89.43 ($1.25).

A number of equities research analysts have issued reports on the company. Barclays restated an “equal weight” rating and set a GBX 85 ($1.19) price target on shares of Ophir Energy in a research note on Wednesday, January 31st. Canaccord Genuity restated a “hold” rating and set a GBX 75 ($1.05) price target on shares of Ophir Energy in a research note on Wednesday, January 17th. Credit Suisse Group restated an “outperform” rating and set a GBX 80 ($1.12) price target on shares of Ophir Energy in a research note on Monday, January 8th. Jefferies Group restated a “buy” rating and set a GBX 90 ($1.26) price target on shares of Ophir Energy in a research note on Wednesday, December 20th. Finally, Deutsche Bank restated a “buy” rating and set a GBX 100 ($1.40) price target on shares of Ophir Energy in a research note on Friday, November 24th.

Ophir Energy (OPHR) opened at GBX 53.60 ($0.75) on Friday. Ophir Energy has a 52-week low of GBX 51 ($0.72) and a 52-week high of GBX 97.25 ($1.36). The firm has a market capitalization of $374.85 and a PE ratio of -446.67.

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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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