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Ophir Energy Plc 22% Potential Upside Indicated by Deutsche Bank

Ophir Energy Plc using EPIC/TICKER code (LON:OPHR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Ophir Energy Plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set a target price of 100 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 22.0% from the opening price of 82 GBX. Over the last 30 and 90 trading days the company share price has increased 10.5 points and decreased 4.75 points respectively. The 52 week high share price is 103.41 GBX while the 52 week low for the stock is 67 GBX.

Ophir Energy Plc has a 50 day moving average of 78.09 GBX and a 200 Day Moving Average share price is recorded at 87.55. There are currently 704,704,403 shares in issue with the average daily volume traded being 654,661. Market capitalisation for LON:OPHR is £560,240,000 GBP.

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