Ophir Energy (OPHR) Receives “Outperform” Rating from Credit Suisse Group

Credit Suisse Group reaffirmed their outperform rating on shares of Ophir Energy (LON:OPHR) in a report published on Monday. The firm currently has a GBX 80 ($1.08) price target on the stock.

A number of other research analysts have also recently commented on OPHR. Macquarie restated an outperform rating and set a GBX 107 ($1.45) price target on shares of Ophir Energy in a research note on Tuesday, September 12th. Deutsche Bank restated a buy rating and set a GBX 100 ($1.36) price target on shares of Ophir Energy in a research note on Wednesday, September 13th. Barclays restated an overweight rating and set a GBX 100 ($1.36) price target on shares of Ophir Energy in a research note on Friday, September 15th. Citigroup restated a neutral rating and set a GBX 90 ($1.22) price target on shares of Ophir Energy in a research note on Friday, September 15th. Finally, Jefferies Group upgraded Ophir Energy to a buy rating and increased their price objective for the company from GBX 82 ($1.11) to GBX 90 ($1.22) in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of GBX 96.57 ($1.31).

Ophir Energy (LON OPHR) traded down GBX 0.50 ($0.01) during trading hours on Monday, reaching GBX 71.30 ($0.97). The company’s stock had a trading volume of 849,437 shares, compared to its average volume of 739,395. Ophir Energy has a one year low of GBX 58.50 ($0.79) and a one year high of GBX 99.39 ($1.35). The firm has a market capitalization of $503.67 and a PE ratio of -594.17.

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Ophir Energy 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.

Analyst Recommendations for Ophir Energy (LON:OPHR)

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