Petrofac Limited 53.3% Potential Upside Indicated by Barclays Capital

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 ‘OVERWEIGHT’ today by analysts at Barclays Capital. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 600 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 53.3% from the opening price of 391.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.3 points and increased 16.5 points respectively. The 1 year high for the share price is 562 GBX while the year low stock price is currently 373.87 GBX.

Petrofac Limited has a 50 day moving average of 407.68 GBX and a 200 day moving average of 433.26. There are currently 51,261,685 shares in issue with the average daily volume traded being 1,028,579. Market capitalisation for LON:PFC is £1,358,053,465 GBP.

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