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Petrofac Limited 26.6% Potential Upside Indicated by Goldman Sachs

Petrofac Limited using EPIC/TICKER code (LON:PFC) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Goldman Sachs have set a target price of 483 GBX on its stock. This is indicating the analyst believes there is a potential upside of 26.6% from today’s opening price of 381.43 GBX. Over the last 30 and 90 trading days the company share price has increased 2.83 points and decreased 21.07 points respectively. The 52 week high share price is 562 GBX while the 52 week low is 367.6 GBX.

Petrofac Limited has a 50 day moving average of 395.46 GBX and a 200 Day Moving Average share price is recorded at 416.51. There are currently 204,723,041 shares in issue with the average daily volume traded being 1,152,154. Market capitalisation for LON:PFC is £1,309,138,291 GBP.

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