Petrofac Ltd (LON: PFC)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Thursday. They currently have a $27.44 (1825 GBX) price target on the stock.
A number of other analysts have also recently weighed in on PFC. Analysts at UBS AG reiterated a “buy” rating on shares of Petrofac Ltd in a research note to investors on Thursday, February 28th. They now have a $28.43 price target on the stock, up previously from $28.16. Separately, analysts at Nomura cut their price target on shares of Petrofac Ltd from $27.75 to $26.38 in a research note to investors on Thursday, February 28th. They now have a “buy” rating on the stock. Finally, analysts at Morgan Stanley cut their price target on shares of Petrofac Ltd from $34.87 to $31.84 in a research note to investors on Thursday, February 28th. They now have an “overweight” rating on the stock.
Petrofac Ltd opened at 1489.00 on Thursday. Petrofac Ltd has a 1-year low of GBX 1324.00 and a 1-year high of GBX 1784.00. The stock’s 50-day moving average is currently GBX 1579.. The company’s market cap is £5.069 billion.
Petrofac Limited is engaged in the provision of facilities solutions to the oil and gas production and processing industry.
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