Today: Petroleum Geo-Services ASA (PGSVY) Given $2.40 Consensus Target Price by Brokerages

Today: Petroleum Geo-Services ASA (PGSVY) Given $2.40 Consensus Target Price by Brokerages

Petroleum Geo-Services ASA (NASDAQ:PGSVY) has earned an average broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating.

Brokerages have set a one year consensus price target of $2.40 for the company, according to Zacks. Zacks has also assigned Petroleum Geo-Services ASA an industry rank of 167 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded Petroleum Geo-Services ASA from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th.

Petroleum Geo-Services ASA (NASDAQ:PGSVY) opened at 3.01 on Friday. The firm’s 50-day moving average price is $2.27 and its 200-day moving average price is $2.48. Petroleum Geo-Services ASA has a 52-week low of $1.80 and a 52-week high of $4.95. The company’s market cap is $717.51 million.

About Petroleum Geo-Services ASA

Petroleum Geo-Services ASA (PGS) is a Norway-based marine geophysical company. The Company offers a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. PGS provides marine geophysical solutions that facilitate hydrocarbon discovery and recovery.

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