In a report released today, David Anderson from Barclays maintained a Buy rating on Weatherford International, with a price target of $73.00. The company’s shares closed yesterday at $62.99.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Anderson is a 2-star analyst with an average return of 0.7% and a 48.00% success rate. Anderson covers the Energy sector, focusing on stocks such as Baker Hughes Company, TechnipFMC, and Halliburton.
Currently, the analyst consensus on Weatherford International is a Strong Buy with an average price target of $76.00, which is a 20.65% upside from current levels. In a report released on October 10, BMO Capital also initiated coverage with a Buy rating on the stock with a $82.00 price target.
WFRD market cap is currently $4.41B and has a P/E ratio of 9.45.
Read More on WFRD:
Disclaimer & DisclosureReport an Issue
- Weatherford initiated with an Outperform at BMO Capital
- Weatherford International: Strong Market Position and Financial Performance Drive Buy Rating
- Weatherford International Issues $1.2 Billion Senior Notes
- Weatherford International Announces Cash Tender Offer for Notes
- Weatherford launces Industrial Intelligence at FWRD 2025