Exane BNP Paribas disclosed Petrofac Ltd (LON:PFC), retaining its price target at 840.00GBX earlier today
- Updated: March 20, 2017
Reporting a potential downside of -0.08%, Exane BNP Paribas hold steady the price target of Petrofac Ltd (LON:PFC) at 840.00GBX
Previously on 2/28/2017, Jefferies International released a statement about Petrofac Ltd (LON:PFC) reduced the target price from 916.00GBX to 835.00GBX. At the time, this indicated a possible downside of -0.04%.
Just yesterday Petrofac Ltd (LON:PFC) traded -0.70% lower at 912.50GBX. Petrofac Ltd’s 50-day moving average is 902.12GBX and its 200-day moving average is 868.90GBX. The last stock price is up 4.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 154,911 shares of PFC traded hands, down from an average trading volume of 1,904,960
Recent Performance Chart
Petrofac Ltd has 52 week low of 635.00GBX and a 52 week high of 978.50GBX with a PE ratio of 3,016.97 and has a market capitalization of 0 GBX.
In addition to Exane BNP Paribas reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 12.22GBX with 2 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Petrofac Ltd (LON:PFC)
Petrofac Limited is a service provider to the oil and gas production and processing industry. The Company designs and builds oil and gas facilities; operates, maintains and manages facilities and trains personnel; enhances production, and develops and co-invests in upstream and infrastructure projects. The Company operates through three segments: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services (IES) business. The Engineering & Construction segment provides lump-sum engineering, procurement and construction project execution services to the onshore and offshore oil and gas industry. The Engineering & Production Services includes all reimbursable engineering and production services activities to the oil and gas industry. The Integrated Energy Services business is focused on delivering value from the Company's existing asset portfolio.
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