Petrofac Limited (OTCMKTS:POFCF) has been upgraded from Neutral to Buy in a report by Goldman Sachs today.
- Updated: October 2, 2016
Goldman Sachs has upgraded Petrofac Limited (OTCMKTS:POFCF) from Neutral to Buy in a report released on 9/28/2016. They are also stating a potential upside of 0%.
Just yesterday Petrofac Limited (OTCMKTS:POFCF) traded 0.00% even at $0.00. The company’s 50-day moving average is $10.82 and its 200-day average is $11.29. With the last close down -2.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of POFCF traded, down from an avg. volume of 580
See Chart Below
Petrofac Limited has a 52 week low of $9.11 and a 52 week high of $14.25 POFCF’s total market value is presently $0.
More About Petrofac Limited (OTCMKTS: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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