Pharos Energy (LON:PHAR) Given House Stock Rating at Shore Capital

Shore Capital reissued their house stock rating on shares of Pharos Energy (LON:PHAR) in a report published on Thursday morning, MarketBeat Ratings reports.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 55 price target on shares of Pharos Energy in a report on Tuesday, December 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 55.

Pharos Energy Stock Performance

Shares of PHAR stock opened at GBX 21.10 on Thursday. The firm has a market cap of £87.05 million, a price-to-earnings ratio of 21.10, a PEG ratio of -0.02 and a beta of 1.61. Pharos Energy has a 52-week low of GBX 17.50 and a 52-week high of GBX 26.71. The company has a quick ratio of 1.72, a current ratio of 2.02 and a debt-to-equity ratio of 14.99. The company’s 50 day moving average is GBX 20.35 and its 200 day moving average is GBX 20.98.

Insider Buying and Selling at Pharos Energy

In other Pharos Energy news, insider Katherine Roe acquired 7,552 shares of the stock in a transaction dated Tuesday, December 30th. The stock was purchased at an average price of GBX 19 per share, with a total value of £1,434.88. Also, insider Sue Rivett bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were acquired at an average price of GBX 19 per share, for a total transaction of £950. Insiders acquired 35,934 shares of company stock worth $728,324 over the last ninety days. Corporate insiders own 16.43% of the company’s stock.

Pharos Energy Company Profile

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.