Petrofac Ltd (LON:PFC) has been reiterated to Buy in a statement by Liberum Capital earlier today.
- Updated: October 15, 2016
Liberum Capital has reiterated Petrofac Ltd (LON:PFC) to Buy in a statement released on 10/13/2016.
On 10/11/2016, RBC Capital Markets released a statement on Petrofac Ltd (LON:PFC) upped the target price from 0.00GBX to 1,050.00GBX that suggested an upside of 0.10%.
Having a price of 915.75GBX, Petrofac Ltd (LON:PFC) traded 1.79% higher on the day. With the last close up 14.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Petrofac Ltd has recorded a 50-day average of 861.57GBX and a two hundred day average of 820.95GBX. Volume of trade was up over the average, with 1,455,835 shares of PFC changing hands over the typical 1,394,010
With a total market value of 0 GBX, Petrofac Ltd has with a one year low of 635.00GBX and a one year high of 1,016.09GBX .
A total of 16 analysts have released a research note on Petrofac Ltd. Two analysts rating the company a strong buy, seven analysts rating the company a buy, seven analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 12.22GBX.
More About Petrofac Ltd (LON:PFC)
Petrofac Limited is an international service provider to the oil and gas production and processing industry. The Company designs, builds, operates and maintains oil and gas facilities, delivered through a range of commercial models, enabling it to respond to the distinct needs of each client and enabling them to manage their assets across the oil and gas life cycle. The Company operates through three segments: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services (IES) business. The Engineering & Construction segment includes its lump-sum activities onshore and offshore. The Engineering & Production Services segment includes all of its reimbursable engineering and production services activities. The Integrated Energy Services business is focused on delivering value from the Company's existing IES asset portfolio. The Company has a diverse customer portfolio, including various integrated, independent and national oil and gas companies.
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