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Exane BNP Paribas announced Petrofac Ltd (LON:PFC), keeping its stock price target at 875.00GBX today

In a report released on 12/1/2016 Exane BNP Paribas hold steady the stock price target of Petrofac Ltd (LON:PFC) from 875.00GBX to 875.00GBX reporting a possible upside of 0.10%.

Previously on 3/09/2016, Exane BNP Paribas reported on Petrofac Ltd (LON:PFC) increased the target price from 0.00GBX to 890.00GBX. At the time, this indicated a possible downside of -0.07%.

Just yesterday Petrofac Ltd (LON:PFC) traded 0.06% higher at 792.50GBX. Petrofac Ltd’s 50-day moving average is 834.74GBX and its 200-day moving average is 810.26GBX. The last closing price is down -1.88% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 882,266 shares of PFC traded hands, down from an average trading volume of 1,736,050

Recent Performance Chart

Petrofac Ltd (LON:PFC)

Petrofac Ltd has 52 week low of 635.00GBX and a 52 week high of 1,016.09GBX and has a market capitalization of 0 GBX.

In addition to Exane BNP Paribas reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is 12.22GBX with 2 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 7 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Petrofac Ltd (LON:PFC)

Petrofac Limited is an international service provider to the oil and gas production and processing industry. The Company designs, builds, operates and maintains oil and gas facilities, delivered through a range of commercial models, enabling it to respond to the distinct needs of each client and enabling them to manage their assets across the oil and gas life cycle. The Company operates through three segments: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services (IES) business. The Engineering & Construction segment includes its lump-sum activities onshore and offshore. The Engineering & Production Services segment includes all of its reimbursable engineering and production services activities. The Integrated Energy Services business is focused on delivering value from the Company's existing IES asset portfolio. The Company has a diverse customer portfolio, including various integrated, independent and national oil and gas companies.

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