Analyst Price Target is GBX 181.67
▲ +125.42% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Petrofac in the last 3 months. The average price target is GBX 181.67, with a high forecast of GBX 200 and a low forecast of GBX 170. The average price target represents a 125.42% upside from the last price of GBX 80.59.
Current Consensus is
The current consensus among 3 polled investment analysts is to buy stock in Petrofac. This rating has held steady since August 2021, when it changed from a Hold consensus rating.
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 provides an integrated services for clients under flexible commercial models that are aligned with their requirements. Petrofac Limited was founded in 1981 and is based in St Helier, Jersey.