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.