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Premier Oil PLC (LON:PMO) target price raised to 67.00GBX, issued a report today by Deutsche Bank

Yesterday Premier Oil PLC (LON:PMO) traded 0.78% higher at 65.50GBX. The company’s 50-day moving average is 61.57GBX and its 200-day moving average is 58.47GBX. The last closing price is up 10.31% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 53,384 shares of the stock were exchanged, down from an average trading volume of 5,590,250

Premier Oil PLC (LON:PMO) had its target price raised to 67.00GBX by Deutsche Bank in a report released Friday October 13, 2017. The new target price indicates a possible upside of 0.02% based on the company's last closing price.

Previously on 10/04/2017, Jefferies International reported on Premier Oil PLC (LON:PMO) held steady the target price at 90.00GBX. At the time, this indicated a possible upside of 0.41%.

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Premier Oil PLC (LON:PMO)

Premier Oil PLC has a 52 week low of 42.75GBX and a 52 week high of 99.50GBX The company’s market cap is currently 0 GBX.

General Information About Premier Oil PLC (LON:PMO)

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. In total, the Company manages approximately 760 million barrels of oil equivalent (mmboe). The Company has production rates of over 90 thousand barrels of oil equivalent per day (kboepd). The Company focuses on producing 68 to 73 kboepd. The Company's four-well North Falklands Basin campaign targets multiple stacked fans in PL004 and PL032 using the Eirik Raude rig. The Company owns an interest in over two licenses, such as Natuna Sea Block A and Kakap.

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