Analyst Activity – Barclays PLC Reiterates Overweight on Petrofac Limited (LON:PFC)

Analyst Ratings For Petrofac Limited (LON:PFC)

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Today, Barclays PLC reiterated its Overweight rating on Petrofac Limited (LON:PFC) with a price target of GBX 1,250.

There are 1 sell rating, 9 hold ratings, 9 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Petrofac Limited (LON:PFC) is Buy (Score: 2.50) with a consensus target price of GBX 999.53 per share, a potential .

Some recent analyst ratings include

  • 2/23/2017-Barclays PLC Reiterated Rating of Overweight.
  • 2/8/2017-Goldman Sachs Group, Inc. (The) Reiterated Rating of Buy.
  • 1/30/2017-Morgan Stanley Reiterated Rating of Underweight.
  • 1/13/2017-BNP Paribas Reiterated Rating of Neutral.
  • 1/11/2017-Credit Suisse Group Reiterated Rating of Outperform.

    About Petrofac Limited (LON:PFC)
    Petrofac Limited is an international service provider to the oil and gas production and processing industry. The Company designs, builds, operates and maintains oil and gas facilities, delivered through a range of commercial models, enabling it to respond to the distinct needs of each client and enabling them to manage their assets across the oil and gas life cycle. The Company operates through three segments: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services (IES) business. The Engineering & Construction segment includes its lump-sum activities onshore and offshore. The Engineering & Production Services segment includes all of its reimbursable engineering and production services activities. The Integrated Energy Services business is focused on delivering value from the Company’s existing IES asset portfolio. The Company has a diverse customer portfolio, including various integrated, independent and national oil and gas companies.

    Recent Trading Activity for Petrofac Limited (LON:PFC)
    Shares of Petrofac Limited closed the previous trading session at 869.84 down -20.16 -2.27% with 2,422,740 shares trading hands.

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