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Ophir Energy Plc 15.3% Potential Upside Indicated by Macquarie

Ophir Energy Plc with EPIC/TICKER (LON:OPHR) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Macquarie. Ophir Energy Plc are listed in the Oil & Gas sector within UK Main Market. Macquarie have set their target price at 85 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.3% from the opening price of 73.75 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.25 points and decreased 15.25 points respectively. The 1 year high for the stock price is 103.41 GBX while the 52 week low is 64.5 GBX.

Ophir Energy Plc has a 50 day moving average of 85.42 GBX and the 200 Day Moving Average price is recorded at 87.99. There are currently 697,607,917 shares in issue with the average daily volume traded being 867,143. Market capitalisation for LON:OPHR is £500,533,680 GBP.

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