In a report released yesterday, Daniel Boyd from BMO Capital reiterated a Buy rating on Weatherford (NYSE: WFT), with a price target of $4.25. The company’s shares closed yesterday at $3.49.
According to TipRanks.com, Boyd has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.8% and a 36.6% success rate. Boyd covers the Basic Materials sector, focusing on stocks such as Oil States International, Schlumberger Limited, and Helmerich & Payne.
Currently, the analyst consensus on Weatherford is a Moderate Buy with an average price target of $3.74.
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The company has a one-year high of $4.72 and a one-year low of $2.07. Currently, Weatherford has an average volume of 18.39M.
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Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. It operates its business through the following business groups: Formation Evaluation & Well Construction, Completion & Production and Land Drilling Rigs.
