Home » Reports » Petrofac Limited 28.6% Potential Upside Indicated by Goldman Sachs

Petrofac Limited 28.6% Potential Upside Indicated by Goldman Sachs

Petrofac Limited with EPIC/TICKER (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 their target price at 508 GBX on its stock. This would imply the analyst believes there is now a potential upside of 28.6% from the opening price of 395 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.2 points and decreased 41.9 points respectively. The 1 year high for the stock price is 562 GBX while the year low stock price is currently 373.87 GBX.

Petrofac Limited has a 50 day moving average of 402.15 GBX and a 200 day moving average of 430.41. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,091,634. Market capitalisation for LON:PFC is £1,318,550,183 GBP.

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