Ophir Energy Plc (OPHR) Set to Announce Quarterly Earnings on Thursday

Ophir Energy Plc (LON:OPHR) is scheduled to announce its earnings results before the market opens on Thursday, September 14th.

Ophir Energy Plc (LON:OPHR) opened at 74.50 on Tuesday. The stock’s 50 day moving average is GBX 74.42 and its 200-day moving average is GBX 82.68. Ophir Energy Plc has a 12-month low of GBX 67.00 and a 12-month high of GBX 103.41. The company’s market cap is GBX 526.05 million.

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Several analysts have issued reports on OPHR shares. Jefferies Group LLC lowered shares of Ophir Energy Plc to an “underperform” rating and dropped their price target for the stock from GBX 95 ($1.23) to GBX 75 ($0.97) in a research report on Wednesday, May 17th. Canaccord Genuity dropped their price target on shares of Ophir Energy Plc from GBX 125 ($1.61) to GBX 110 ($1.42) and set a “buy” rating on the stock in a research report on Friday, May 26th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 120 ($1.55) price target on shares of Ophir Energy Plc in a research report on Wednesday, June 7th. Macquarie dropped their price target on shares of Ophir Energy Plc from GBX 94 ($1.21) to GBX 89 ($1.15) and set a “neutral” rating on the stock in a research report on Wednesday, June 21st. Finally, Barclays PLC dropped their price target on shares of Ophir Energy Plc from GBX 110 ($1.42) to GBX 100 ($1.29) and set an “overweight” rating on the stock in a research report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 98.38 ($1.27).

About Ophir Energy Plc

Ophir Energy plc is an upstream oil and gas exploration and production company focused on Asia and Africa. The principal activity of the Company is the development of offshore and deepwater oil and gas exploration assets. The Company’s geographical segments are Africa, Asia and are head-quartered in London, United Kingdom.

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