The Petrofac Limited (PFC) Earns Hold Rating from Canaccord Genuity

The Petrofac Limited (PFC) Earns Hold Rating from Canaccord Genuity

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.

Related posts

Leave a Comment