Barclays Capital reiterated Ophir Energy (LON:OPHR) to Overweight in a report released today.
- Updated: February 12, 2017
Just yesterday Ophir Energy (LON:OPHR) traded 0.00% even at 91.00GBX. Ophir Energy’s 50-day moving average is 94.41GBX and its 200-day moving average is 81.05GBX. The last stock price is up 18.44% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period. 526,010 shares of OPHR traded hands, down from an average trading volume of 1,789,060
Barclays Capital has reiterated Ophir Energy (LON:OPHR) to Overweight in a report released on 2/9/2017.
Previously on 2/3/2017, Macquarie released a statement about Ophir Energy (LON:OPHR) reduced the target price from 95.00GBX to 94.00GBX. At the time, this indicated a possible downside of -0.01%.
Recent Performance Chart
Ophir Energy has 52 week low of 63.49GBX and a 52 week high of 103.41GBX and has a market capitalization of 0 GBX.
In addition to Barclays Capital reporting its stock price target, a total of 18 brokerages have issued a ratings update on the company. The average stock price target is 1.29GBX with 2 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.
Brief Synopsis On 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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