Analyst Price Target is GBX 197.67
▲ +64.59% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Petrofac in the last 3 months. The average price target is GBX 197.67, with a high forecast of GBX 330 and a low forecast of GBX 110. The average price target represents a 64.59% upside from the last price of GBX 120.10.
Current Consensus is
The current consensus among 8 investment analysts is to hold stock in Petrofac. This Hold consensus rating has held steady for over two years.
Petrofac Limited, an oilfield service company, provides services to the oil and gas production and processing industry worldwide. The company operates through three segments: Engineering & Construction; Engineering & Production Services; and Integrated Energy Services. The Engineering & Construction segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Engineering & Production Services segment offers concept, feasibility, and front-end engineering and full project delivery, as well as a range of operations, maintenance, and engineering services for onshore and offshore projects. The Integrated Energy Services segment provides an integrated service for clients under flexible commercial models that are aligned with their requirements in projects, including upstream developments and related energy infrastructure projects. Petrofac Limited was founded in 1981 and is based in St Helier, Jersey.