Barclays Sticks to Their Hold Rating for Nextier Oilfield Solutions (NEX)


In a report issued on January 8, David Anderson from Barclays maintained a Hold rating on Nextier Oilfield Solutions (NEX), with a price target of $4.00. The company’s shares closed last Friday at $3.91.

According to TipRanks.com, Anderson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.6% and a 37.8% success rate. Anderson covers the Industrial Goods sector, focusing on stocks such as National Energy Services Reunited, Liberty Oilfield Services, and Oceaneering International.

Currently, the analyst consensus on Nextier Oilfield Solutions is a Moderate Buy with an average price target of $3.80, representing a -5.0% downside. In a report issued on December 24, Piper Sandler also maintained a Hold rating on the stock with a $4.10 price target.

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The company has a one-year high of $6.96 and a one-year low of $1.00. Currently, Nextier Oilfield Solutions has an average volume of 1.58M.

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NexTier Oilfield Solutions, Inc.is an oilfield service company. It offers completion solutions, hydraulic fracturing, wire line, pump down, coiled tubing, cementing, rig services, special services, and fluids management services. The company was founded in October 13, 2016 and is headquartered in Houston, TX.

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