Petrofac Ltd, down 3.4% at 78.7p, 12-month range 62.7p-161.2p. Barclays cuts the target price of the energy services company's stock to 110p from 200p previously. Maintains its 'buy' recommendation, however.
It seems to climb or retrace without any real reason. IMHO this SP is a steal. I've been picking up small amounts every other day and now got 25k at .92 ave. Any sniff of a sizeable (£1bn) contract award this will breach £1 in a heartbeat.