Average Price Target: GBX 36.20
▲ +∞ Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Premier Oil in the last 3 months. The average price target is GBX 36.20, with a high forecast of GBX 68 and a low forecast of GBX 17. The average price target represents a ∞ upside from the last price of GBX 0.
The current consensus among 4 polled investment analysts is to hold stock in Premier Oil. This rating has held steady since September 2020, when it changed from a Buy consensus rating.
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.