Ophir Energy Plc (OPHR) Upgraded at Credit Suisse Group AG

 

Ophir Energy Plc logo

 

Credit Suisse Group AG upgraded shares of Ophir Energy Plc (LON:OPHR) to an outperform rating in a research report report published on Thursday morning. They currently have GBX 100 ($1.25) price target on the stock, up from their previous price target of GBX 65 ($0.81).

Other research analysts have also issued research reports about the stock. Davy Research reiterated a neutral rating on shares of Ophir Energy Plc in a research note on Thursday, November 3rd. Barclays PLC reiterated an overweight rating and issued a GBX 125 ($1.56) price objective on shares of Ophir Energy Plc in a research note on Friday, November 11th. Deutsche Bank AG upped their price objective on shares of Ophir Energy Plc from GBX 95 ($1.19) to GBX 105 ($1.31) and gave the company a buy rating in a research note on Friday, November 11th. Macquarie dropped their price objective on shares of Ophir Energy Plc from GBX 75 ($0.94) to GBX 71 ($0.89) and set a neutral rating on the stock in a research note on Friday, September 16th. Finally, Citigroup Inc. reiterated a neutral rating on shares of Ophir Energy Plc in a research note on Monday, September 19th. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Ophir Energy Plc has a consensus rating of Hold and a consensus target price of GBX 93.42 ($1.17).

Analyst Recommendations for Ophir Energy Plc (LON:OPHR)

 

Shares of Ophir Energy Plc (LON:OPHR) opened at 77.75 on Thursday. The stock has a 50 day moving average of GBX 76.42 and a 200 day moving average of GBX 72.74. The company’s market cap is GBX 545.91 million. Ophir Energy Plc has a 52-week low of GBX 63.49 and a 52-week high of GBX 104.80

 

Ophir Energy Plc Company Profile

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.

 

Ophir Energy Plc (OPHR) Upgraded at Credit Suisse Group AG

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