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Kepler Cheuvreux Keeps a Hold Rating on Petrofac Ltd (LON:PFC); Shorts at 2xleveraged Long Exchange Traded Access Securities (NYSEARCA:BDCL) Raised By 44.17%

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2xleveraged Long Exchange Traded Access Securities (NYSEARCA:BDCL) had an increase of 44.17% in short interest. BDCL’s SI was 342,700 shares in May as released by FINRA. Its up 44.17% from 237,700 shares previously. With 140,800 avg volume, 2 days are for 2xleveraged Long Exchange Traded Access Securities (NYSEARCA:BDCL)’s short sellers to cover BDCL’s short positions. The stock increased 0.92% or $0.14 during the last trading session, reaching $15.33. About 70,756 shares traded. UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN (NYSEARCA:BDCL) has declined 31.02% since May 18, 2017 and is downtrending. It has underperformed by 42.57% the S&P500.

Petrofac Ltd (LON:PFC) had its stock rating restated as Hold by stock analysts at Kepler Cheuvreux. This was revealed to clients and investors in a research note on Friday, 18 May.

The stock increased 0.06% or GBX 0.4 during the last trading session, reaching GBX 617.2. About 485,689 shares traded. Petrofac Limited (LON:PFC) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Petrofac Limited, an oilfield service company, provides facilities solutions to the gas and oil production and processing industry worldwide. The company has market cap of 2.10 billion GBP. It operates through three divisions: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services. It currently has negative earnings. The Engineering & Construction segment provides engineering, procurement, and construction project execution services to the onshore gas and oil industry.

Among 26 analysts covering Petrofac Ltd (LON:PFC), 14 have Buy rating, 4 Sell and 8 Hold. Therefore 54% are positive. Petrofac Ltd has GBX 1400 highest and GBX 12.50 lowest target. GBX 786.38’s average target is 27.41% above currents GBX 617.2 stock price. Petrofac Ltd had 239 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital maintained Petrofac Limited (LON:PFC) on Tuesday, January 17 with “Overweight” rating. The stock of Petrofac Limited (LON:PFC) earned “Buy” rating by Societe Generale on Monday, October 12. The company was maintained on Thursday, July 23 by Nomura. The firm has “Buy” rating by Jefferies given on Tuesday, March 6. Liberum Capital maintained it with “Buy” rating and GBX 1000 target in Wednesday, August 24 report. The firm has “Overweight” rating given on Tuesday, September 12 by JP Morgan. Canaccord Genuity maintained it with “Hold” rating and GBX 475 target in Friday, May 26 report. The firm has “Buy” rating by Jefferies given on Wednesday, June 29. Kepler Cheuvreux maintained Petrofac Limited (LON:PFC) rating on Friday, March 23. Kepler Cheuvreux has “Buy” rating and GBX 660 target. The stock of Petrofac Limited (LON:PFC) earned “Neutral” rating by BNP Paribas on Monday, October 12.

Another recent and important UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN (NYSEARCA:BDCL) news was published by Seekingalpha.com which published an article titled: “A 23.2% Dividend Yield May Make It Worthwhile To Hold MORL” on April 23, 2018.

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