Robert W. Baird analyst David Manthey reiterated a Hold rating on Now (NYSE: DNOW) yesterday and set a price target of $17. The company’s shares opened today at $17.44, close to its 52-week high of $18.28.
According to TipRanks.com, Manthey is a 4-star analyst with an average return of 10.8% and a 67.0% success rate. Manthey covers the Services sector, focusing on stocks such as Foundation Building Materials Inc, Anixter International Inc, and SiteOne Landscape Supply.
Now has an analyst consensus of Moderate Buy, with a price target consensus of $16, representing a -8.3% downside. In a report released today, Cowen & Co. also reiterated a Hold rating on the stock with a $15 price target.
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The company has a one-year high of $18.28 and a one-year low of $9.12. Currently, Now has an average volume of 1.25M.
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NOW, Inc. is a holding company, which engages in the distribution of energy products for industrial applications. It operates through the following segments: United States, Canada, and International. The United States segment serves the upstream, midstream and downstream energy, and industrial markets.
