Premier Oil PLC 26.8% Potential Upside Indicated by Jefferies International

Broker Ratings
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Premier Oil PLC with EPIC/TICKER (LON:PMO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market. Jefferies International have set a target price of 58 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 26.8% from the opening price of 45.75 GBX. Over the last 30 and 90 trading days the company share price has increased 17.75 points and increased 30.95 points respectively. The 52 week high share price is 120.7 GBX while the year low share price is currently 10.02 GBX.

Premier Oil PLC has a 50 day moving average of 32.53 GBX and a 200 day moving average of 71.61. There are currently 922,028,631 shares in issue with the average daily volume traded being 19,599,368. Market capitalisation for LON:PMO is £437,106,126 GBP.

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