Breaking Finance News

Goldman Sachs Group Inc. upgraded Petrofac Ltd (NASDAQ:POFCY) to Buy in a report released today.

Goldman Sachs Group Inc. has upgraded Petrofac Ltd (NASDAQ:POFCY) to Buy in a report released on 9/28/2016.

Yesterday Petrofac Ltd (NASDAQ:POFCY) traded 0.00% even at $5.27. The company’s 50-day moving average is $5.45 and its 200-day moving average is $5.61. The last stock close price is down -6.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 19,220

See Chart Below

Petrofac Ltd (NASDAQ:POFCY)

Petrofac Ltd has a 52 week low of $4.45 and a 52 week high of $7.25 The company’s market cap is currently $0.

About Petrofac Ltd (NASDAQ:POFCY)

Petrofac Limited, an oilfield service company, provides facilities solutions to the oil and gas production and processing industry worldwide. It operates through four segments: Onshore Engineering & Construction, Offshore Projects & Operations, Engineering & Consulting Services, and Integrated Energy Services. The Onshore Engineering & Construction segment provides engineering, procurement, and construction project execution services to the onshore oil and gas industry. The Offshore Projects & Operations segment offers offshore engineering, operations, and maintenance services; and engineering, procurement, and construction project execution services to the offshore oil and gas industry. The Engineering & Consulting Services segment provides technical engineering, consultancy, conceptual design, front end engineering and design, and project management consultancy services for various sectors, including renewables. The Integrated Energy Services segment co-invests with partners in oil and gas production, processing, and transportation assets; and offers production improvement services, and oil and gas related technical competency training and consultancy services. Petrofac Limited was founded in 1981 and is headquartered in London, the United Kingdom.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.