Stifel Nicolaus analyst Stephen Gengaro reiterated a Buy rating on Propetro Holding Corp (PUMP) on November 18 and set a price target of $27. The company’s shares opened today at $18.93.
According to TipRanks.com, Gengaro is a 2-star analyst with an average return of 0.0% and a 46.8% success rate. Gengaro covers the Basic Materials sector, focusing on stocks such as Solaris Oilfield Infrastructure Inc, Baker Hughes a GE company, and Oil States International.
Currently, the analyst consensus on Propetro Holding Corp is a Strong Buy with an average price target of $22.75, which is a 20.2% 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.
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The company has a one-year high of $22.88 and a one-year low of $14. Currently, Propetro Holding Corp has an average volume of 1.45M.
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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.
