Pharos Energy (LON:PHAR) Trading 1.2% Higher – Still a Buy?

Posted by Stanley Muller on Jul 4th, 2026

Shares of Pharos Energy plc (LON:PHAR – Get Free Report) shot up 1.2% during trading on Thursday . The company traded as high as GBX 25.40 and last traded at GBX 25. Approximately 1,930,698 shares were traded during trading, an increase of 175% from the average session volume of 703,203 shares. The stock had previously closed at GBX 24.70.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “house stock” rating and set a GBX 38 price objective on shares of Pharos Energy in a report on Monday, June 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 46.50.

Get Our Latest Analysis on PHAR

Pharos Energy Stock Performance

The company’s fifty day moving average price is GBX 27.37 and its two-hundred day moving average price is GBX 25.07. The firm has a market capitalization of £103.53 million, a PE ratio of -15.62, a price-to-earnings-growth ratio of -0.02 and a beta of 0.31.

Insiders Place Their Bets

In related news, insider Katherine Roe acquired 5,355 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were bought at an average cost of GBX 28 per share, with a total value of £1,499.40. Also, insider Sue Rivett purchased 3,546 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average price of GBX 28 per share, with a total value of £992.88. In the last three months, insiders bought 12,383 shares of company stock worth $346,724. Insiders own 15.75% of the company’s stock.

About Pharos Energy

(Get Free Report)

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.