Ophir Energy (OPHR) Stock Rating Reaffirmed by Barclays

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Barclays reiterated their underweight rating on shares of Ophir Energy (LON:OPHR) in a research note published on Thursday morning.

Separately, Peel Hunt reissued a buy rating on shares of Ophir Energy in a report on Monday, January 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Ophir Energy currently has an average rating of Hold and a consensus price target of GBX 62.83 ($0.82).

Shares of OPHR stock traded down GBX 0.10 ($0.00) during trading hours on Thursday, reaching GBX 54.90 ($0.72). 2,006,572 shares of the company traded hands, compared to its average volume of 1,150,000. Ophir Energy has a 12-month low of GBX 31.65 ($0.41) and a 12-month high of GBX 68.30 ($0.89). The company has a quick ratio of 2.67, a current ratio of 6.59 and a debt-to-equity ratio of 9.63. The stock has a market cap of $387.80 million and a P/E ratio of -0.96.

About Ophir Energy

Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.

See Also: Asset Allocation

Analyst Recommendations for Ophir Energy (LON:OPHR)

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