.png "National-Oilwell (NYSE: NOV)")
National-Oilwell (NYSE: NOV) received a Hold rating from Edward Jones analyst Brian Youngberg today. The company’s shares opened today at $47.04, close to its 52-week high of $49.08.
According to TipRanks.com, Youngberg is a 1-star analyst with an average return of -1.4% and a 45.0% success rate. Youngberg covers the Basic Materials sector, focusing on stocks such as Schlumberger Limited, Royal Dutch Shell A, and Anadarko Petroleum.
National-Oilwell has an analyst consensus of Hold, with a price target consensus of $44.83, representing a -4.7% downside. In a report issued on August 20, B.Riley FBR also maintained a Hold rating on the stock with a $45 price target.
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The company has a one-year high of $49.08 and a one-year low of $30.92. Currently, National-Oilwell has an average volume of 2.85M.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. Last month, Eric Mattson, a Director at NOV sold 4,338 shares for a total of $197,986.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
National Oilwell Varco, Inc. provides equipment and components that are used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The firm operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions.
