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A statement released earlier today by Deutsche Bank about Premier Oil PLC (LON:PMO) bumps down the target price to 56.00GBX

Stating a potential upside of 0.13%, Deutsche Bank dropped the price target of Premier Oil PLC (LON:PMO) to 56.00GBX

On 06/22/2017, Barclays Capital released a statement on Premier Oil PLC (LON:PMO) dropped the target price from 70.00GBX to 57.00GBX that suggested an upside of 0.31%.

Having a price of 49.50GBX, Premier Oil PLC (LON:PMO) traded 4.76% higher on the day. With the last close down -10.79% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Premier Oil PLC has recorded a 50-day average of 55.47GBX and a two hundred day average of 61.65GBX. Volume of trade was down over the average, with 1,646,778 shares of PMO changing hands under the typical 6,029,350

Performance Chart

Premier Oil PLC (LON:PMO)

With a total market value of 0 GBX, Premier Oil PLC has price-earnings ratio of 2.30 with a one year low of 42.75GBX and a one year high of 99.50GBX .

More About Premier Oil PLC (LON:PMO)

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. In total, the Company manages approximately 760 million barrels of oil equivalent (mmboe). The Company has production rates of over 90 thousand barrels of oil equivalent per day (kboepd). The Company focuses on producing 68 to 73 kboepd. The Company's four-well North Falklands Basin campaign targets multiple stacked fans in PL004 and PL032 using the Eirik Raude rig. The Company owns an interest in over two licenses, such as Natuna Sea Block A and Kakap.

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