In a report released today, Kurt Hallead from RBC Capital reiterated a Buy rating on Propetro Holding Corp (NYSE: PUMP), with a price target of $19. The company’s shares closed yesterday at $16.89.
According to TipRanks.com, Hallead is a 4-star analyst with an average return of 4.5% and a 46.3% success rate. Hallead covers the Basic Materials sector, focusing on stocks such as Ncs Multistage Holdings Inc, Select Energy Services Inc, and Baker Hughes a GE company.
Currently, the analyst consensus on Propetro Holding Corp is a Strong Buy with an average price target of $19.20.
See today’s analyst top recommended stocks >>
The company has a one-year high of $22.88 and a one-year low of $10.84. Currently, Propetro Holding Corp has an average volume of 2.04M.
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.
