Petrofac Limited 1.9% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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Petrofac Limited using EPIC/TICKER code (LON:PFC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Credit Suisse. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Credit Suisse have set a target price of 170 GBX on its stock. This would indicate that the analyst believes there is a downside of -1.9% from the opening price of 173.3 GBX. Over the last 30 and 90 trading days the company share price has increased 5.35 points and decreased 195.3 points respectively. The 52 week high for the share price is currently at 475.34 GBX while the 52 week low is 146.65 GBX.

Petrofac Limited has a 50 day moving average of 192.30 GBX and a 200 Day Moving Average share price is recorded at 342.49. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,923,466. Market capitalisation for LON:PFC is £593,112,047 GBP.

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