Analyst Price Target is GBX 60
▲ +215.79% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Pharos Energy in the last 3 months. The average price target is GBX 60, with a high forecast of GBX 0 and a low forecast of GBX 0. The average price target represents a 215.79% upside from the last price of GBX 19.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Pharos Energy.
Pharos Energy plc engages in the exploration, development, and production of oil and gas properties. The company holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1 located in the shallow water Cuu Long Basin, as well as a 25% working interest in the Ca Ngu Vang field of Block 9-2 located in the shallow water Cuu Long Basin, offshore southern Vietnam; a 70% interest in the Blocks 125 & 126 located in the Phu Khanh Basin, offshore central Vietnam; and a 100% working interest in the onshore El Fayum concession in the Western Desert, Egypt. It also holds a 33.33 % working interest in eight licenses located in Israel. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.