Canaccord Genuity reissued their hold rating on shares of Petrofac Limited (LON:PFC) in a report released on Tuesday morning. They currently have a GBX 850 ($10.36) price objective on the stock.
PFC has been the subject of several other reports. Societe Generale upgraded Petrofac Limited to a hold rating in a research report on Friday, July 22nd. Liberum Capital restated a buy rating and issued a GBX 1,000 ($12.19) target price on shares of Petrofac Limited in a research report on Wednesday, August 24th. Deutsche Bank AG began coverage on Petrofac Limited in a research report on Wednesday, August 31st. They issued a hold rating and a GBX 900 ($10.97) target price for the company. Jefferies Group upgraded Petrofac Limited to a buy rating and cut their target price for the stock from GBX 855 ($10.42) to GBX 835 ($10.18) in a research report on Wednesday, June 29th. Finally, Barclays PLC restated an overweight rating and issued a GBX 1,165 ($14.20) target price on shares of Petrofac Limited in a research report on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 984 ($11.99).
Shares of Petrofac Limited (LON:PFC) opened at 820.61 on Tuesday. Petrofac Limited has a 12 month low of GBX 635.00 and a 12 month high of GBX 1,016.09. The stock’s market cap is GBX 2.79 billion. The stock has a 50 day moving average price of GBX 873.08 and a 200-day moving average price of GBX 821.59.
The business also recently declared a dividend, which was paid on Friday, October 21st. Stockholders of record on Thursday, September 22nd were paid a GBX 0.22 ($0.00) dividend. This represents a dividend yield of 2.06%. The ex-dividend date of this dividend was Thursday, September 22nd.