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Petrofac Ltd (LON:PFC) target price raised to 1,100.00GBX, reported today by Credit Suisse

Stating a possible upside of 0.36%, Credit Suisse bumped the estimated target of Petrofac Ltd (LON:PFC) to 1,100GBX.

On Thursday September 15 2016, Liberum Capital reported on Petrofac Ltd(LON:PFC) upped the target price at 1,020.00GBX that suggested an upside of 0.27%.

Displaying a price of 808.00GBX, Petrofac Ltd (LON:PFC) traded 3.01% higher on the day. With the last stock price close down 0.75% relative to the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Petrofac Ltd has logged a 50-day average of 823.85GBX and two hundred day average of 826.68GBX. Volume of trade was was down over the average, with 452,351 shares of PFC changing hands under the typical 1,341,320 shares.

Recent Performance Graph:

Petrofac Ltd (LON:PFC)

Petrofac Ltd has a 52 week low of 635.00GBX and a one-year high of 1,016.09GBX and has a market cap of 0.0 GBX.

In addition to Credit Suisse reporting it’s price target, a total of 16 brokers have reported on Petrofac Ltd. The one year target price is 12.22GBX with two analysts rating the stock a strong buy, seven firms rating the company a buy, seven analyts rating the stock a hold, two firms rating the company to underperform, and finally 0 brokeragesrating the company as sell.

General Information 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, and independent and national oil and gas companies.

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