Analysts are on the Bearish side about Premier Oil plc (LON:PMO) this week.

August 9, 2018 - By Jack Shaw

Premier Oil plc (LON:PMO) LogoInvestors sentiment increased to 1.63 in 2018 Q1. Its up 0.52, from 1.11 in 2017Q4. It increased, as 5 investors sold Premier Oil plc shares while 11 reduced holdings. 10 funds opened positions while 16 raised stakes. 5.88 million shares or 7.04% more from 5.49 million shares in 2017Q4 were reported.
Northwestern Mutual Wealth Management has 0% invested in Premier Oil plc (LON:PMO). Optimum Inv Advsrs accumulated 2,688 shares or 0.01% of the stock. Lpl Lc stated it has 0% of its portfolio in Premier Oil plc (LON:PMO). Millennium Mngmt Ltd Company reported 10,497 shares. Commercial Bank Of America Corporation De accumulated 356,045 shares. Staley Cap Advisers invested in 0.01% or 15,000 shares. Pnc Grp owns 2,829 shares or 0% of their US portfolio. Sei reported 9,147 shares or 0% of all its holdings. Parametric Associates Lc holds 0% of its portfolio in Premier Oil plc (LON:PMO) for 187,376 shares. Susquehanna Int Llp invested 0% of its portfolio in Premier Oil plc (LON:PMO). Raymond James Financial Advisors, Florida-based fund reported 57,060 shares. Fiera Cap reported 173,675 shares or 0.01% of all its holdings. Comml Bank Of Montreal Can invested 0% in Premier Oil plc (LON:PMO). Wells Fargo & Mn reported 208,707 shares. Morgan Stanley has invested 0% in Premier Oil plc (LON:PMO).

Premier Oil plc (LON:PMO) Ratings Coverage

Among 6 analysts covering Premier Oil PLC (LON:PMO), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Premier Oil PLC has GBX 8500 highest and GBX 60 lowest target. GBX 138.33’s average target is 12.37% above currents GBX 123.1 stock price. Premier Oil PLC had 16 analyst reports since February 27, 2018 according to SRatingsIntel. The rating was maintained by Peel Hunt with “Buy” on Wednesday, March 28. On Wednesday, May 16 the stock rating was maintained by Peel Hunt with “Buy”. On Tuesday, June 12 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating by Peel Hunt given on Thursday, July 12. The company was maintained on Monday, April 30 by Peel Hunt. The firm earned “Buy” rating on Monday, May 21 by Peel Hunt. The rating was maintained by Peel Hunt on Monday, July 9 with “Buy”. The stock has “Hold” rating by Investec on Friday, March 2. Barclays Capital maintained the shares of PMO in report on Friday, June 15 with “Overweight” rating. The stock of Premier Oil plc (LON:PMO) earned “Top Pick” rating by RBC Capital Markets on Monday, July 9. Below is a list of Premier Oil plc (LON:PMO) latest ratings and price target changes.

01/08/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 140.00 Maintain
20/07/2018 Broker: Investec Rating: Hold Old Target: GBX 135.00 New Target: GBX 130.00 Maintain
12/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 140.00 Maintain
09/07/2018 Broker: RBC Capital Markets Rating: Top Pick Old Target: GBX 120.00 New Target: GBX 180.00 Upgrade
09/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 140.00 Maintain
15/06/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 145.00 New Target: GBX 135.00 Maintain
12/06/2018 Broker: Jefferies Rating: Buy Old Target: GBX 120.00 New Target: GBX 185.00 Maintain
21/05/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 140.00 Maintain
17/05/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 110.00 New Target: GBX 145.00 Upgrade
16/05/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 100.00 Maintain

The stock increased 0.49% or GBX 0.6 during the last trading session, reaching GBX 123.1. About 2.40 million shares traded. Premier Oil plc (LON:PMO) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Premier Oil plc, an upstream oil and gas company, engages in the exploration, production, and development of gas and oil properties primarily in the United Kingdom. The company has market cap of 955.29 million GBP. The firm is also involved in issuing convertible bonds. It currently has negative earnings. As of December 31, 2016, it had proven and probable reserves of 353 million barrels of oil equivalent (mmboe); and 2P reserves and 2C resources of 835 mmboe.

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