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Petrofac Limited 55.6% Potential Upside Indicated by Barclays Capital

Petrofac Limited using EPIC/TICKER code (LON:PFC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Petrofac Limited are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set their target price at 1000 GBX on its stock. This indicates the analyst now believes there is a potential upside of 55.6% from the opening price of 642.8 GBX. Over the last 30 and 90 trading days the company share price has increased 34.4 points and increased 77.4 points respectively. The 1 year high stock price is 679 GBX while the year low stock price is currently 395.95 GBX.

Petrofac Limited has a 50 day moving average of 641.51 GBX and the 200 Day Moving Average price is recorded at 572.78. There are currently 345,912,747 shares in issue with the average daily volume traded being 2,594,736. Market capitalisation for LON:PFC is £2,193,280,551 GBP.