RBC Capital analyst Kurt Hallead maintained a Hold rating on Superior Energy Services (SPN) on February 20 and set a price target of $7.50. The company’s shares closed last Monday at $4.81, close to its 52-week low of $0.70.
According to TipRanks.com, Hallead has currently no stars on a ranking scale of 0-5 stars, with an average return of -14.2% and a 27.7% success rate. Hallead covers the Basic Materials sector, focusing on stocks such as Diamond Offshore Drilling, Oil States International, and Baker Hughes Company.
The word on The Street in general, suggests a Hold analyst consensus rating for Superior Energy Services with a $7.50 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $52.20 and a one-year low of $0.70. Currently, Superior Energy Services has an average volume of 455.2K.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SPN in relation to earlier this year.
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.
Superior Energy Services, Inc. engages in the provision of oilfield services and equipment. It operates through the following business segments: Drilling Products & Services, Onshore Completion & Workover Services, Production Services and Technical Solutions. The Drilling Products and Services segment provides downhole drilling tools and surface rentals.
