In a report released today, Luke Lemoine from Piper Sandler maintained a Buy rating on Expro Group Holdings (XPRO – Research Report), with a price target of $29.00. The company’s shares closed last Friday at $21.78.
Lemoine covers the Energy sector, focusing on stocks such as Solaris Oilfield Infrastructure, Helix Energy, and Schlumberger. According to TipRanks, Lemoine has an average return of 9.6% and a 66.17% success rate on recommended stocks.
Currently, the analyst consensus on Expro Group Holdings is a Strong Buy with an average price target of $27.00, which is a 23.97% upside from current levels. In a report released on May 14, Barclays also upgraded the stock to a Buy with a $27.00 price target.
XPRO market cap is currently $2.41B and has a P/E ratio of -121.34.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XPRO in relation to earlier this year.
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Expro Group Holdings (XPRO) Company Description:
Frank’s International NV engages in the provision of tubular services to oil and gas industries. It operates through the following four segments: Tubular Running Services, Tubulars and Cementing Equipment. The Tubular Running Services segment provides tubular services in international offshore markets and in several onshore international regions. The Tubulars segment designs, manufactures, and distributes large outside diameter (OD) pipe, connectors, casing attachments and sells large OD pipe originally manufactured by various pipe mills. The Cementing Equipment segment provides equipment to enhance the safety and efficiency of rig operations. The company was founded by Frank Mosing in 1938 and is headquartered in Den Helder, Netherlands.
