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Premier Oil PLC 6.1% Potential Upside Indicated by Investec

Premier Oil PLC with EPIC/TICKER (LON:PMO) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ today by analysts at Investec. Premier Oil PLC are listed in the Oil & Gas sector within UK Main Market. Investec have set their target price at 130 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.1% from today’s opening price of 122.5 GBX. Over the last 30 and 90 trading days the company share price has increased 9.9 points and increased 32.25 points respectively. The 1 year high for the share price is 135.25 GBX while the 52 week low is 52 GBX.

Premier Oil PLC has a 50 day moving average of 121.23 GBX and a 200 Day Moving Average share price is recorded at 89.78. There are currently 775,164,416 shares in issue with the average daily volume traded being 12,034,513. Market capitalisation for LON:PMO is £938,986,504 GBP.