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Petrofac Limited 48.1% Potential Upside Indicated by Barclays Capital

Petrofac Limited with EPIC/TICKER (LON:PFC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 670 GBX on its stock. This now indicates the analyst believes there is a possible upside of 48.1% from the opening price of 452.5 GBX. Over the last 30 and 90 trading days the company share price has increased 64 points and decreased 9.1 points respectively. The 52 week high share price is 679 GBX while the 52 week low for the share price is 376.4 GBX.

Petrofac Limited has a 50 day moving average of 489.59 GBX and a 200 Day Moving Average share price is recorded at 560.99. There are currently 345,912,747 shares in issue with the average daily volume traded being 2,790,723. Market capitalisation for LON:PFC is £1,572,865,302 GBP.