J.P. Morgan analyst Sean Meakim maintained a Hold rating on Helmerich & Payne (NYSE: HP) today and set a price target of $58. The company’s shares closed on Friday at $65.31.
Meakim has an average return of 5.3% when recommending Helmerich & Payne.
According to TipRanks.com, Meakim is ranked #4474 out of 4876 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Helmerich & Payne with a $67.33 average price target.
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Helmerich & Payne’s market cap is currently $7.12B and has a P/E ratio of 15.78. The company has a Price to Book ratio of 1.60.
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Helmerich & Payne, Inc. engages in contract drilling of oil and gas well. It operates through the following segments: U.S. Land, Offshore, and International Land.
