The psychological £4.50 is being tested today.
Petrofac Limited (LON:PFC) had its target price lowered by equities researchers at Kepler Capital Markets from GBX 700 ($9.44) to GBX 600 ($8.09) in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 33.96% from the stock’s previous close.
("Faroe", "Faroe Petroleum" or the "Company")
Notice of Interim Results for the six months ended 30 June 2017
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces that it will deliver its unaudited Interim Results for the six months ended 30 June 2017, on Tuesday 26 September 2017.
A presentation for analysts will be held at 9.30am on Tuesday 26 September 2017, for details please contact FTI Consulting. A presentation to accompany the results will be available on the Company's website