Petrofac Limited (PFC.L) 13-01-20
Will Petrofac Limited (PFC.L) shares break below the 384p support zone, or will it return to highs of 455p (+16%)?
- Currently trading around the 384p support at 391.1p (at time of writing).
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Highs of 455p have been seen in the recent past. Will we see this again? (+16%)
- Shares -30% from 12-month highs; +4% from 12 month lows.
Latest News
07 Jan: Rene Medori, Chairman, bought 5,080 shares in the firm on the 7th January 2020 at a price of 393.70p. This Director currently has 28,629 shares.
19 Dec: JP Morgan Cazenove reiterates its neutral rating on Petrofac Ltd (PFC) and reduced the target price to 410p (from 450p).
19 Dec: Kepler Cheuvreux has downgraded its rating on Petrofac Ltd (PFC) to hold (from buy) and reduced the target price to 420p (from 610p).
18 Dec: Oddo reiterates its neutral rating on Petrofac Ltd (PFC) and reduced the target price to 383p (from 400p).
18 Dec: Societe Generale reiterates its buy rating on Petrofac Ltd (PFC) and reduced the target price to 595p (from 740p).
18 Dec: Berenberg reiterates its hold rating on Petrofac Ltd (PFC) and reduced the target price to 420p (from 500p).
18 Dec: Barclays Capital reiterates its overweight rating on Petrofac Ltd (PFC) and reduced the target price to 570p (from 600p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires