Premier Oil PLC (PMOIY) Receives Consensus Recommendation of “Hold” from Analysts

Premier Oil PLC (OTCMKTS:PMOIY) has been given a consensus rating of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company.

A number of research firms recently issued reports on PMOIY. Zacks Investment Research downgraded shares of Premier Oil from a “buy” rating to a “hold” rating in a report on Friday, March 16th. Macquarie downgraded shares of Premier Oil from a “neutral” rating to an “underperform” rating in a report on Wednesday, January 17th. Stifel Nicolaus restated a “hold” rating on shares of Premier Oil in a report on Thursday, January 18th. ValuEngine downgraded shares of Premier Oil from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Finally, Royal Bank of Canada downgraded shares of Premier Oil from an “outperform” rating to a “sector perform” rating in a report on Tuesday, January 16th.

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Premier Oil stock opened at $1.10 on Tuesday. Premier Oil has a 1 year low of $0.56 and a 1 year high of $1.52.

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Premier Oil 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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