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Jefferies International announced Premier Oil PLC (LON:PMO), upholding its stock price target at 88.00GBX today

In a report released on 10/6/2016 Jefferies International hold steady the stock price target of Premier Oil PLC (LON:PMO) from 88.00GBX to 88.00GBX reporting a possible upside of 0.22%.

Just yesterday Premier Oil PLC (LON:PMO) traded 3.11% higher at 72.38GBX. Premier Oil PLC’s 50-day moving average is 68.90GBX and its 200-day moving average is 65.79GBX. The last stock price is up 13.24% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 11,311,739 shares of the stock were exchanged, up from an average trading volume of 7,330,120

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Premier Oil PLC (LON:PMO)

Premier Oil PLC has a 52 week low of 19.00GBX and a 52 week high of 96.95GBX The company’s market cap is currently 0 GBX.

Brief Synopsis About Premier Oil PLC (LON:PMO)

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. In total, the Company manages approximately 760 million barrels of oil equivalent (mmboe). The Company has production rates of over 90 thousand barrels of oil equivalent per day (kboepd). The Company focuses on producing 68 to 73 kboepd. The Company's four-well North Falklands Basin campaign targets multiple stacked fans in PL004 and PL032 using the Eirik Raude rig. The Company owns an interest in over two licenses, such as Natuna Sea Block A and Kakap.

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