Shares of Pharos Energy plc (LON:PHAR – Get Free Report) shot up 0.3% during mid-day trading on Wednesday . The company traded as high as GBX 30.40 and last traded at GBX 30.10. 162,796 shares traded hands during trading, a decline of 81% from the average session volume of 878,062 shares. The stock had previously closed at GBX 30.
Analyst Ratings Changes
Separately, Shore Capital Group reissued a “house stock” rating and set a GBX 38 target price on shares of Pharos Energy in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 46.50.
Check Out Our Latest Stock Analysis on PHAR
Pharos Energy Price Performance
About Pharos Energy
Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders.
Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.
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