Petrofac Limited 70.4% Potential Upside Indicated by Numis

Broker Ratings
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Petrofac Limited with EPIC/TICKER (LON:PFC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Numis. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Numis have set their target price at 761 GBX on its stock. This is indicating the analyst believes there is a potential upside of 70.4% from the opening price of 446.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 55.6 points and decreased 93.6 points respectively. The 1 year high for the stock price is 679 GBX while the year low share price is currently 376.4 GBX.

Petrofac Limited has a 50 day moving average of 480.21 GBX and a 200 Day Moving Average share price is recorded at 547.68. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,916,429. Market capitalisation for LON:PFC is £1,566,292,876 GBP.

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