Analyst Price Target is GBX 80
▲ +661.90% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Petrofac in the last 3 months. The average price target is GBX 80, with a high forecast of GBX 80 and a low forecast of GBX 80. The average price target represents a 661.90% upside from the last price of GBX 10.50.
Current Consensus is
Hold
The current consensus among 1 contributing investment analysts is to hold stock in Petrofac. This Hold consensus rating has held steady for over two years.
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The E&C segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Asset Solutions segment offers concept, feasibility, and front-end engineering design services, as well as manages and maintains onshore and offshore operations. The IES segment focuses on delivering value from the existing asset portfolio. The company was founded in 1981 and is based in St Helier, Jersey.
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