Credit Suisse Group restated their outperform rating on shares of Ophir Energy (LON:OPHR) in a report published on Monday, January 8th. Credit Suisse Group currently has a GBX 80 ($1.08) target price on the stock.
Several other research firms have also weighed in on OPHR. Citigroup restated a neutral rating and issued a GBX 90 ($1.22) target price on shares of Ophir Energy in a report on Friday, September 15th. Barclays reiterated an overweight rating and set a GBX 100 ($1.36) price target on shares of Ophir Energy in a report on Friday, September 15th. Jefferies Group upgraded Ophir Energy to a buy rating and boosted their price objective for the company from GBX 82 ($1.11) to GBX 90 ($1.22) in a research report on Tuesday, September 19th. Macquarie restated an outperform rating and set a GBX 107 ($1.45) price objective on shares of Ophir Energy in a research report on Tuesday, September 12th. Finally, Deutsche Bank restated a buy rating and set a GBX 100 ($1.36) target price on shares of Ophir Energy in a report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. Ophir Energy has an average rating of Buy and an average price target of GBX 96.57 ($1.31).
Shares of Ophir Energy (OPHR) traded up GBX 4 ($0.05) during trading on Monday, hitting GBX 76 ($1.03). The stock had a trading volume of 1,160,000 shares, compared to its average volume of 706,944. The firm has a market cap of $529.32 and a price-to-earnings ratio of -633.33. Ophir Energy has a fifty-two week low of GBX 58.50 ($0.79) and a fifty-two week high of GBX 97.50 ($1.32).
About Ophir Energy
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.
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