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Premier Oil PLC 31.9% Potential Upside Indicated by Barclays Capital

Premier Oil PLC with EPIC/TICKER (LON:PMO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Barclays Capital. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 95 GBX on its stock. This would imply the analyst believes there is now a potential upside of 31.9% from today’s opening price of 72.02 GBX. Over the last 30 and 90 trading days the company share price has decreased 16.54 points and decreased 8.78 points respectively. The 1 year high for the stock price is 137.5 GBX while the 52 week low for the stock is 54.7 GBX.

Premier Oil PLC has a 50 day moving average of 80.35 GBX and the 200 Day Moving Average price is recorded at 83.15. There are currently 831,334,380 shares in issue with the average daily volume traded being 9,942,595. Market capitalisation for LON:PMO is £612,527,173 GBP.