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Ophir Energy (LON:OPHR) target price lowered to 80.00GBX, reported today by FirstEnergy Capital

Boasting a price of 74.38GBX, Ophir Energy (LON:OPHR) traded 0.67% lower on the day. The last close is up 0.41% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. The company has registered a 50-day average of 72.14GBX and 200-day average of 74.05GBX. Trading volume was was down over the average, with 80,092 shares of OPHR changing hands under the typical 1,774,510 shares.

In a report released on 9/16/2016 FirstEnergy Capital lowered the target price of Ophir Energy (LON:OPHR) from 85GBX to 80GBX stating a possible upsideof 0.08%.

On 9/15/2016, FirstEnergy Capital released a statement about Ophir Energy(LON:OPHR) kept the target price at 85.00GBX that suggested an upside of 0.17%.

See Graph Below:

Ophir Energy (LON:OPHR)

In addition to FirstEnergy Capital reporting it’s stock price target, a total of 18 firms have released a research note on the company. The consensus target stock price is 1.29GBX with two analysts rating the company a strong buy, five firms rating the company a buy, 12 firms rating the stock a hold, 0 rating the company to underperform, and lastly two brokerages rating the stock as sell.

Ophir Energy has a one-year low of 63.49GBX and a 52 week high of 107.80GBX . OPHR’s total market value is presently 0.0 GBX.

Brief Synopsis On 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 and a 100% operated interest in North East Bangkanai Block.

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