Propetro Holding Corp Gets a Buy Rating from Jefferies


In a report issued on July 10, Brad Handler from Jefferies reiterated a Buy rating on Propetro Holding Corp (NYSE: PUMP), with a price target of $21. The company’s shares closed yesterday at $15.59.

According to TipRanks.com, Handler is ranked 0 out of 5 stars with an average return of -6.3% and a 37.7% success rate. Handler covers the Basic Materials sector, focusing on stocks such as Mammoth Energy Services, Frank’s International, and Helmerich & Payne.

Propetro Holding Corp has an analyst consensus of Moderate Buy, with a price target consensus of $20.33.

See today’s analyst top recommended stocks >>

Propetro Holding Corp’s market cap is currently $1.3B and has a P/E ratio of 18.34. The company has a Price to Book ratio of 2.89.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.

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.

ProPetro Holding Corp. is an oilfield services company, which engages in the provision of hydraulic fracturing and other complementary services. It operates through the following segments: Hydraulic Fracturing, Cementing, Coil Tubing, Flowback, Surface Drilling, and Drilling.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts