How Many Petrofac Limited (LON:PFC)’s Analysts Are Bearish?

April 17, 2018 - By Vivian Currie

Petrofac Limited (LON:PFC) Logo

Petrofac Limited (LON:PFC) Ratings Coverage

Among 8 analysts covering Petrofac Ltd. (LON:PFC), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Petrofac Ltd. had 13 analyst reports since December 14, 2017 according to SRatingsIntel. The company was downgraded on Friday, February 23 by Morgan Stanley. Numis Securities maintained the shares of PFC in report on Friday, March 2 with “Buy” rating. Credit Suisse maintained the stock with “Neutral” rating in Thursday, December 14 report. Kepler Cheuvreux maintained it with “Buy” rating and GBX 660 target in Tuesday, March 20 report. As per Monday, January 15, the company rating was maintained by Numis Securities. The stock has “Overweight” rating by Barclays Capital on Wednesday, January 17. As per Friday, March 23, the company rating was maintained by Kepler Cheuvreux. As per Friday, March 2, the company rating was maintained by Kepler Cheuvreux. The stock of Petrofac Limited (LON:PFC) has “Buy” rating given on Thursday, February 1 by Goldman Sachs. As per Tuesday, March 6, the company rating was upgraded by Jefferies. Below is a list of Petrofac Limited (LON:PFC) latest ratings and price target changes.

23/03/2018 Broker: Kepler Cheuvreux Rating: Buy Old Target: GBX 660.00 New Target: GBX 660.00 Maintain
20/03/2018 Broker: Kepler Cheuvreux Rating: Buy Old Target: GBX 660.00 New Target: GBX 660.00 Maintain
12/03/2018 Broker: Credit Suisse Rating: Neutral Old Target: GBX 440.00 New Target: GBX 460.00 Maintain
06/03/2018 Broker: Jefferies Rating: Buy Old Target: GBX 600.00 New Target: GBX 600.00 Upgrade
02/03/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 700.00 New Target: GBX 700.00 Maintain
02/03/2018 Broker: Kepler Cheuvreux Rating: Buy Old Target: GBX 600.00 New Target: GBX 660.00 Maintain
23/02/2018 Broker: Morgan Stanley Rating: Underweight Old Target: GBX 475.00 New Target: GBX 475.00 Downgrade
02/02/2018 Broker: JP Morgan Rating: Overweight Old Target: GBX 560.00 New Target: GBX 590.00 Maintain
01/02/2018 Broker: Goldman Sachs Rating: Buy Old Target: GBX 575.00 New Target: GBX 648.00 Maintain
19/01/2018 Broker: Kepler Cheuvreux Rating: Buy Old Target: GBX 600.00 New Target: GBX 600.00 Maintain

The stock decreased 0.32% or GBX 1.8 during the last trading session, reaching GBX 556.6. About 1.48M shares traded. Petrofac Limited (LON:PFC) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Petrofac Limited, an oilfield service company, provides facilities solutions to the gas and oil production and processing industry worldwide. The company has market cap of 1.89 billion GBP. It operates through three divisions: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services. It currently has negative earnings. The Engineering & Construction segment provides engineering, procurement, and construction project execution services to the onshore gas and oil industry.

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