Premier Oil PLC 31.9% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Premier Oil PLC with EPIC/TICKER (LON:PMO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 105 GBX on its stock. This is indicating the analyst believes there is a potential upside of 31.9% from today’s opening price of 79.6 GBX. Over the last 30 and 90 trading days the company share price has increased 6.75 points and decreased 45.6 points respectively. The 52 week high for the share price is currently at 146.9 GBX while the 52 week low for the share price is 54.7 GBX.

Premier Oil PLC has a 50 day moving average of 79.97 GBX and a 200 day moving average of 108.76. There are currently 1,694,406,148 shares in issue with the average daily volume traded being 14,528,356. Market capitalisation for LON:PMO is £644,668,183 GBP.

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