Shares of Pharos Energy plc (LON:PHAR – Get Free Report) traded up 1% during trading on Thursday . The company traded as high as GBX 30.50 and last traded at GBX 30. 54,673 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 871,598 shares. The stock had previously closed at GBX 29.70.
Analysts Set New Price Targets
Separately, Shore Capital Group reissued a “house stock” rating and set a GBX 38 target price on shares of Pharos Energy in a research report on Monday, June 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 46.50.
Get Our Latest Stock Analysis on PHAR
Pharos Energy Price Performance
The firm has a market capitalization of £123.41 million, a price-to-earnings ratio of -18.62, a price-to-earnings-growth ratio of -0.02 and a beta of 0.32. The business has a fifty day moving average price of GBX 29.46 and a two-hundred day moving average price of GBX 27.95.
Pharos Energy Company Profile
Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.
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