In a report issued on July 12, Connor Lynagh from Morgan Stanley maintained a Buy rating on FTS International Inc (NYSE: FTSI), with a price target of $23. The company’s shares closed on Friday at $12.74, close to its 52-week low of $12.61.
According to TipRanks.com, Lynagh is ranked #4434 out of 4843 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for FTS International Inc with a $22.60 average price target, a 77.4% upside from current levels. In a report issued on July 6, Guggenheim also reiterated a Buy rating on the stock with a $20 price target.
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FTS International Inc’s market cap is currently $1.39B and has a P/E ratio of 2.09. The company has a Price to Book ratio of -16.34.
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FTS International, Inc. engages in the provision of oil and natural gas well completion services. Its services include pressure pumping, wire line and perforating, reservoir optimization, and equipment manufacturing. The company was founded in 2002 and is headquartered in Fort Worth, TX.
