Piper Jaffray analyst John Daniel reiterated a Buy rating on Propetro Holding Corp (PUMP) on November 16 and set a price target of $25. The company’s shares opened today at $19.20.
According to TipRanks.com, Daniel has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.8% and a 31.4% success rate. Daniel covers the Basic Materials sector, focusing on stocks such as Mammoth Energy Services, C&J Energy Services Inc, and Basic Energy Services.
Currently, the analyst consensus on Propetro Holding Corp is a Strong Buy with an average price target of $22.55, implying a 17.4% upside from current levels. In a report issued on November 8, Raymond James also maintained a Buy rating on the stock with a $25 price target.
.
See today’s analyst top recommended stocks >>
Propetro Holding Corp’s market cap is currently $1.58B and has a P/E ratio of 12.40. The company has a Price to Book ratio of 2.93.
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.
