Petrofac Limited 42.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Petrofac Limited using EPIC/TICKER code (LON:PFC) 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 270 GBX on its stock. This would imply the analyst believes there is now a potential upside of 42.6% from today’s opening price of 189.4 GBX. Over the last 30 and 90 trading days the company share price has increased 12.65 points and decreased 29.5 points respectively. The 1 year high stock price is 475.34 GBX while the year low share price is currently 146.65 GBX.

Petrofac Limited has a 50 day moving average of 191.04 GBX and a 200 day moving average of 314.44. There are currently 345,912,747 shares in issue with the average daily volume traded being 1,418,900. Market capitalisation for LON:PFC is £647,202,770 GBP.

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