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Ophir Energy (LON:OPHR) target price raised to 90.00GBX, issued a report today by Jefferies International

Ophir Energy (LON:OPHR) had its target price raised to 90.00GBX by Jefferies International in a report released Tuesday September 19, 2017. The bumped up target suggests a potential upside of 0.24% based on the company's last closing price.

Previously on Friday September 15, 2017, Citigroup reported on Ophir Energy (LON:OPHR) increased the target price from 0.00GBX to 90.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Ophir Energy (LON:OPHR) traded -1.00% lower at 72.63GBX. The company’s 50-day moving average is 74.71GBX and its 200-day moving average is 82.00GBX. The last closing price is down -9.76% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 116,111 shares of the stock traded hands, down from an average trading volume of 674,498

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Ophir Energy (LON:OPHR)

Ophir Energy has a 52 week low of 67.00GBX and a 52 week high of 103.41GBX The company’s market cap is currently 0 GBX.

In addition to Jefferies International reporting its target price, a total of 18 firms have reported on the stock. The consensus target price is 1.29GBX with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 12 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

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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