Key Energy Services, Inc. (KEG) Reaches $21.31 After 4.00% Down Move; Petrofac Limited (LON:PFC) Had 16 Analysts Last Week

May 11, 2017 - By Maria Brooks

The stock of Key Energy Services, Inc. (NYSE:KEG) is a huge mover today! About 99,283 shares traded. Key Energy Services, Inc. (NYSE:KEG) has risen 192.63% since October 4, 2016 and is uptrending. It has outperformed by 181.04% the S&P500.The move comes after 5 months negative chart setup for the $470.46 million company. It was reported on May, 11 by Barchart.com. We have $20.46 PT which if reached, will make NYSE:KEG worth $18.82M less.

Among 25 analysts covering Petrofac Ltd (LON:PFC), 16 have Buy rating, 3 Sell and 6 Hold. Therefore 64% are positive. Petrofac Ltd had 187 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating by Raymond James given on Monday, October 17. The stock of Petrofac Limited (LON:PFC) earned “Buy” rating by Liberum Capital on Friday, March 11. The rating was upgraded by Investec to “Buy” on Thursday, January 14. The stock of Petrofac Limited (LON:PFC) earned “Buy” rating by Citigroup on Thursday, February 25. The stock of Petrofac Limited (LON:PFC) earned “Neutral” rating by BNP Paribas on Thursday, December 1. The rating was maintained by Citigroup on Thursday, September 10 with “Neutral”. The firm has “Buy” rating by HSBC given on Tuesday, January 26. The firm earned “Overweight” rating on Tuesday, November 24 by Barclays Capital. The stock has “Outperform” rating by Bernstein on Wednesday, November 18. BNP Paribas maintained Petrofac Limited (LON:PFC) rating on Monday, October 12. BNP Paribas has “Neutral” rating and GBX 975 target. See Petrofac Limited (LON:PFC) latest ratings:

25/04/2017 Broker: Barclays Capital Rating: Overweight Maintain
19/04/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 1125.00 New Target: GBX 1125.00 Maintain
10/04/2017 Broker: Goldman Sachs Rating: Buy Old Target: GBX 1020.00 New Target: GBX 1020.00 Maintain
05/04/2017 Broker: Deutsche Bank Rating: Sell Old Target: GBX 900.00 New Target: GBX 775.00 Downgrade
20/03/2017 Broker: BNP Paribas Rating: Neutral Old Target: GBX 840.00 New Target: GBX 840.00 Maintain
28/02/2017 Broker: Jefferies Rating: Hold Old Target: GBX 916.00 New Target: GBX 835.00 Maintain
24/02/2017 Broker: BNP Paribas Rating: Neutral Old Target: GBX 830.00 New Target: GBX 840.00 Maintain
23/02/2017 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 925.00 New Target: GBX 950.00 Reiteration
23/02/2017 Broker: Morgan Stanley Rating: Underweight Old Target: GBX 820.00 New Target: GBX 900.00 Reiteration
23/02/2017 Broker: Credit Suisse Rating: Outperform Old Target: GBX 1100.00 New Target: GBX 1125.00 Reiteration

Petrofac Limited is a service provider to the gas and oil production and processing industry. The company has market cap of 2.82 billion GBP. The Firm creates and manufactures gas and oil facilities; operates, maintains and manages facilities and trains personnel; enhances production, and develops and co-invests in upstream and infrastructure projects. It has a 3610.08 P/E ratio. The Firm operates through three divisions: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services business.

The stock increased 0.29% or GBX 2.38 on May 11, reaching GBX 815.88. About 2.15M shares traded or 18.13% up from the average. Petrofac Limited (LON:PFC) has declined 13.49% since October 11, 2016 and is downtrending. It has underperformed by 25.07% the S&P500.

Among 7 analysts covering Key Energy (NYSE:KEG), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Key Energy had 11 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Overweight” rating by PiperJaffray on Wednesday, March 29. The stock of Key Energy Services, Inc. (NYSE:KEG) has “Hold” rating given on Tuesday, February 23 by Johnson Rice. As per Wednesday, October 14, the company rating was downgraded by Robert W. Baird. The rating was downgraded by Iberia Capital Partners to “Sector Perform” on Monday, September 21. The stock has “Sector Perform” rating by Howard Weil on Friday, July 31. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, August 4. The stock of Key Energy Services, Inc. (NYSE:KEG) earned “Overweight” rating by Piper Jaffray on Wednesday, March 29.