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Macquarie announced Ophir Energy (LON:OPHR), boosting its stock price target to 95.00GBX today

In a report released on 11/28/2016 Macquarie increased the stock price target of Ophir Energy (LON:OPHR) from 72.00GBX to 95.00GBX reporting a possible upside of 0.24%.

Previously on 11/17/2016, Credit Suisse released a statement about Ophir Energy (LON:OPHR) increased the target price from 65.00GBX to 100.00GBX. At the time, this indicated a possible upside of 0%.

Just yesterday Ophir Energy (LON:OPHR) traded -2.90% lower at 76.50GBX. Ophir Energy’s 50-day moving average is 76.35GBX and its 200-day moving average is 72.97GBX. The last stock price is up 3.13% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 233,595 shares of OPHR traded hands, down from an average trading volume of 1,444,660

Recent Performance Chart

Ophir Energy (LON:OPHR)

Ophir Energy has with a one year low of 63.49GBX and a one year high of 104.80GBX and has a total market value of 0 GBX.

A total of 18 equity analysts have released a research note on OPHR. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, twelve equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 1.29GBX.

More About Ophir Energy (LON:OPHR)

Ophir Energy plc is an upstream oil and gas exploration and production company focused on Asia and Africa. The principal activity of the Company is the development of offshore and deepwater oil and gas exploration assets. The Company's geographical segments are Africa, Asia and are head-quartered in London, United Kingdom. In Africa, the Company has interests in Equatorial Guinea, Gabon, Cote d'Ivoire, Tanzania and Kenya. In Asia, the Company has interests in Myanmar, Malaysia, Thailand and Indonesia. It holds a 50% operated interest in Mbeli and Ntinsa Blocks and a 100% operated interest in Gnondo, Manga, Nkawa and Nkouere Blocks in Gabon. It also holds a 70% operated interest in Bangkanai Block; a 70% operated interest in West Bangkanai Block, and a 100% operated interest in North East Bangkanai Block.

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