Petrofac Limited 18.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Petrofac Limited with EPIC/TICKER (LON:PFC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning 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 460 GBX on its stock. This indicates the analyst now believes there is a potential upside of 18.5% from the opening price of 388.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 31 points and decreased 28 points respectively. The 52 week high for the stock is 679 GBX while the year low stock price is currently 376.4 GBX.

Petrofac Limited has a 50 day moving average of 423.14 GBX and a 200 day moving average of 469.77. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,381,514. Market capitalisation for LON:PFC is £1,316,543,936 GBP.

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