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A report released today by Macquarie about Ophir Energy (LON:OPHR) drops the target price to 89.00GBX

Only yesterday Ophir Energy (LON:OPHR) traded -1.67% lower at 82.50GBX. OPHR’s 50-day average is 74.64GBX and its two hundred day average is 82.28GBX. With the last stock price close up -10.37% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 817,423 shares of OPHR traded, up from an avg. volume of 678,667

In a report announced on 6/21/2017 Macquarie dropped the price target of Ophir Energy (LON:OPHR) from 94.00GBX to 89.00GBX indicating a possible upside of 0.08%.

Previously on 06/07/2017, Deutsche Bank reported on Ophir Energy (LON:OPHR) maintained the target price at 120.00GBX that indicated a possible upside of 0.35%.

Performance Chart

Ophir Energy (LON:OPHR)

Ophir Energy has 52 week low of 67.00GBX and a 52 week high of 103.41GBX and has a market cap of 0 GBX.

A total of 18 equity analysts have released a research note on OPHR. 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 12 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally 2 analysts rating the company a sell with a 12-month price target of 1.29GBX.

More About Ophir Energy (LON:OPHR)

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. In Africa, the Company has interests in Equatorial Guinea, Gabon, Cote d'Ivoire, Tanzania and Kenya. In Asia, the Company has interests in Myanmar, Malaysia, Thailand and Indonesia. It holds a 50% operated interest in Mbeli and Ntinsa Blocks and a 100% operated interest in Gnondo, Manga, Nkawa and Nkouere Blocks in Gabon. It also holds a 70% operated interest in Bangkanai Block; a 70% operated interest in West Bangkanai Block, and a 100% operated interest in North East Bangkanai Block.

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