A number of other brokerages have also recently weighed in on PMO. Deutsche Bank AG restated a hold rating on shares of Premier Oil PLC in a research report on Wednesday, January 4th. Barclays PLC restated an equal weight rating and issued a GBX 100 ($1.24) price target on shares of Premier Oil PLC in a research report on Thursday, February 9th. Macquarie cut Premier Oil PLC to a neutral rating and dropped their price target for the company from GBX 103 ($1.27) to GBX 80 ($0.99) in a research report on Thursday, January 5th. Davy Research restated a neutral rating on shares of Premier Oil PLC in a research report on Thursday, November 17th. Finally, JPMorgan Chase & Co. restated an overweight rating on shares of Premier Oil PLC in a research report on Wednesday, December 7th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Premier Oil PLC currently has a consensus rating of Hold and a consensus target price of GBX 92.75 ($1.15).
Premier Oil PLC (LON:PMO) opened at 66.125 on Wednesday. Premier Oil PLC has a 52-week low of GBX 38.15 and a 52-week high of GBX 99.50. The firm’s market cap is GBX 337.77 million. The firm has a 50-day moving average of GBX 72.97 and a 200-day moving average of GBX 70.93.
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Premier Oil PLC Company Profile
Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company’s operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World.
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