Goldman Sachs upgraded Petrofac Limited (ADR) (OTC:POFCF) from Neutral to Buy in a report released today.
- Updated: September 28, 2016
Goldman Sachs has upgraded Petrofac Limited (ADR) (OTC:POFCF) from Neutral to Buy in a report released on Wednesday September 28, 2016.
Yesterday Petrofac Limited (ADR) (OTC:POFCF) traded 0.00% even at $11.00. The company’s 50-day moving average is $10.76 and its 200-day moving average is $11.31. The last stock close price is down -2.78% 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 597
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Petrofac Limited (ADR) has a 52 week low of $9.11 and a 52 week high of $14.25 The company’s market cap is currently $0.
About Petrofac Limited (ADR) (OTC:POFCF)
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.
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