Today: The Petrofac Limited’s (PFC) Buy Rating Reaffirmed at Liberum Capital

The Petrofac Limited’s (PFC) Buy Rating Reaffirmed at Liberum Capital

Liberum Capital reiterated their buy rating on shares of Petrofac Limited (LON:PFC) in a research report sent to investors on Thursday morning.

PFC has been the topic of a number of other reports. Canaccord Genuity upgraded shares of Petrofac Limited to a buy rating and lifted their price objective for the company from GBX 775 ($9.59) to GBX 850 ($10.52) in a research report on Tuesday, July 5th. Societe Generale upgraded shares of Petrofac Limited to a hold rating in a research report on Friday, July 22nd. Deutsche Bank AG assumed coverage on shares of Petrofac Limited in a research report on Wednesday, August 31st. They issued a hold rating and a GBX 900 ($11.14) price objective on the stock. Jefferies Group upgraded shares of Petrofac Limited to a buy rating and lowered their price objective for the company from GBX 855 ($10.58) to GBX 835 ($10.33) in a research report on Wednesday, June 29th. Finally, Barclays PLC reissued an overweight rating and issued a GBX 1,165 ($14.42) target price on shares of Petrofac Limited in a report on Tuesday, August 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 973.20 ($12.04).

Petrofac Limited (LON:PFC) traded up 2.01% during trading on Thursday, hitting GBX 938.50. 708,395 shares of the company traded hands. The firm’s market cap is GBX 3.19 billion. The company’s 50-day moving average is GBX 859.96 and its 200 day moving average is GBX 820.15. Petrofac Limited has a 52-week low of GBX 635.00 and a 52-week high of GBX 1,016.09.

The company also recently announced a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, September 22nd will be issued a dividend of GBX 0.22 ($0.00) per share. This represents a dividend yield of 2.06%. The ex-dividend date is Thursday, September 22nd.

Related posts

Leave a Comment