Premier Oil PLC 5.3% Potential Decrease Indicated by Berenberg

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 ‘HOLD’ this morning by analysts at Berenberg. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market. Berenberg have set their target price at 40 GBX on its stock. This now indicates the analyst believes there is a potential downside of -5.3% from today’s opening price of 42.26 GBX. Over the last 30 and 90 trading days the company share price has increased 13.39 points and increased 11.76 points respectively. The 1 year high stock price is 120.7 GBX while the 52 week low for the share price is 10.02 GBX.

Premier Oil PLC has a 50 day moving average of 29.14 GBX and a 200 day moving average of 72.71. There are currently 839,864,567 shares in issue with the average daily volume traded being 16,951,207. Market capitalisation for LON:PMO is £422,922,192 GBP.

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