In a report released yesterday, James Wicklund from Credit Suisse maintained a Buy rating on Weatherford (NYSE: WFT), with a price target of $4. The company’s shares closed yesterday at $3.51.
According to TipRanks.com, Wicklund is ranked 0 out of 5 stars with an average return of -3.3% and a 43.1% success rate. Wicklund covers the Basic Materials sector, focusing on stocks such as Ranger Energy Services Inc, Schlumberger Limited, and Halliburton.
Weatherford has an analyst consensus of Moderate Buy, with a price target consensus of $3.66.
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The company has a one-year high of $5.20 and a one-year low of $2.07. Currently, Weatherford has an average volume of 21.14M.
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Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. It operates its business through the following business groups: Formation Evaluation & Well Construction, Completion & Production and Land Drilling Rigs.
