US broker slashes Petrofac price target but thinks troubled oil services group is now a ‘buy’
Jefferies thinks the “attractive valuation” is too much to miss out on
Company
Petrofac Limited
LON:PFC
Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil & gas companies. The group delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training, Production Solutions and Energy Developments.
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