Petrofac Limited 25.4% Potential Upside Indicated by Credit Suisse

Broker Ratings

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 539 GBX on its stock. This indicates the analyst now believes there is a potential upside of 25.4% from today’s opening price of 429.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 85.6 points and increased 27.3 points respectively. The 1 year high for the share price is 679 GBX while the 52 week low is 376.4 GBX.

Petrofac Limited has a 50 day moving average of 484.77 GBX and a 200 Day Moving Average share price is recorded at 542.98. There are currently 166,940,082 shares in issue with the average daily volume traded being 1,907,883. Market capitalisation for LON:PFC is £1,470,821,042 GBP.

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