Can analysts adopt a bullish outlook for Ophir Energy Plc (LON:OPHR)?

April 17, 2018 - By Marie Mckinney

Ophir Energy Plc (LON:OPHR) Logo

Ophir Energy Plc (LON:OPHR) Ratings Coverage

Among 7 analysts covering Ophir Energy (LON:OPHR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ophir Energy had 16 analyst reports since November 3, 2017 according to SRatingsIntel. Barclays Capital maintained Ophir Energy Plc (LON:OPHR) rating on Wednesday, January 31. Barclays Capital has “Equal Weight” rating and GBX 85 target. The stock of Ophir Energy Plc (LON:OPHR) has “Hold” rating given on Wednesday, January 17 by Canaccord Genuity. Barclays Capital maintained Ophir Energy Plc (LON:OPHR) rating on Monday, January 15. Barclays Capital has “Overweight” rating and GBX 100 target. Credit Suisse maintained Ophir Energy Plc (LON:OPHR) on Friday, November 3 with “Neutral” rating. Deutsche Bank maintained the stock with “Buy” rating in Friday, November 24 report. As per Monday, January 8, the company rating was maintained by Credit Suisse. The company was maintained on Wednesday, December 20 by Jefferies. Credit Suisse maintained Ophir Energy Plc (LON:OPHR) rating on Tuesday, February 27. Credit Suisse has “Outperform” rating and GBX 80 target. The company was downgraded on Thursday, January 25 by Barclays Capital. As per Thursday, March 8, the company rating was maintained by Credit Suisse. Below is a list of Ophir Energy Plc (LON:OPHR) latest ratings and price target changes.

11/04/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 8500.00 New Target: GBX 7500.00 Upgrade
04/04/2018 Broker: UBS Rating: Buy Old Target: GBX 100.00 New Target: GBX 53.00 Maintain
21/03/2018 Broker: Peel Hunt Rating: Hold New Target: GBX 70.00 Initiates Starts
08/03/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 80.00 New Target: GBX 80.00 Maintain
08/03/2018 Broker: Barclays Capital Rating: Equal Weight Maintain
08/03/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 100.00 New Target: GBX 85.00 Maintain
27/02/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 80.00 New Target: GBX 80.00 Maintain
31/01/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 85.00 New Target: GBX 85.00 Maintain
25/01/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 100.00 New Target: GBX 85.00 Downgrade
17/01/2018 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 75.00 New Target: GBX 75.00 Maintain

The stock increased 0.89% or GBX 0.5 during the last trading session, reaching GBX 56.6. About 518,373 shares traded. Ophir Energy Plc (LON:OPHR) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Ophir Energy plc operates as an independent upstream gas and oil exploration and production firm in Asia, Africa, and internationally. The company has market cap of 400.00 million GBP. The firm develops offshore and deep-water gas and oil exploration assets. It currently has negative earnings. It holds 95% interests in Block AD-03 located in the Rakhine Basin in Myanmar; 23.3% interests in Block 5 located in the Sureste in the Gulf of Mexico; and 45% interests in Block CI-513 located in Cote dÂ’Ivoire in West Africa.

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