Tomorrow Petrofac will report her past quarter's results. For this year the consensus of the revenue equals 7,88 billion GBp. The expectations would mean a record revenue for the company. This is hugely more than the revenue over 2015 of 6,84 billion GBp.
The analysts foresee for 2016 a net profit of 343 million GBp. For the current year the consensus of the result per share is a profit of 102 GBp. Based on the analyst's expectations the price/earnings-ratio is 8,5.
Petrofac is being covered by 11 analysts (only based on fundamental analysis). The average target price for the stock is at 954,06 GBp. This is around 10 percent more than the current stock price of 866,5 GBp. The three most recent recommendations for the English company were provided by JP Morgan (buy, 900,00 GBp), Canacord Adams (buy, 850,00 GBp) and Jefferies & Co. (buy, 835,00 GBp).
Based on the number of outstanding shares Petrofac 's market capitalization equals 294,52 billion GBp.The stock closed last Friday at 866,5 GBps.
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