Petrofac Limited 27.8% Potential Upside Indicated by Goldman Sachs

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’ this morning by analysts at Goldman Sachs. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Goldman Sachs have set a target price of 433 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 27.8% from the opening price of 338.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.4 points and decreased 61 points respectively. The 1 year high for the share price is 530 GBX while the 52 week low is 326.5 GBX.

Petrofac Limited has a 50 day moving average of 375.62 GBX and a 200 Day Moving Average share price is recorded at 404.72. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,195,383. Market capitalisation for LON:PFC is £1,147,738,452 GBP.

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