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Petrofac Limited 29.3% Potential Upside Indicated by JP Morgan Cazenove

Petrofac Limited using EPIC/TICKER code (LON:PFC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 570 GBX on its stock. This is indicating the analyst believes there is a potential upside of 29.3% from today’s opening price of 441 GBX. Over the last 30 and 90 trading days the company share price has increased 1 points and increased 43.2 points respectively. The 52 week high for the share price is currently at 978.5 GBX while the 52 week low is 345.2 GBX.

Petrofac Limited has a 50 day moving average of 453.06 GBX and a 200 Day Moving Average share price is recorded at 711.63. There are currently 13,794,436 shares in issue with the average daily volume traded being 3,450,700. Market capitalisation for LON:PFC is £1,534,376,850 GBP.

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