There’s a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Weatherford International (WFRD – Research Report), Matador Resources (MTDR – Research Report) and Range Resources (RRC – Research Report) with bullish sentiments.
Weatherford International (WFRD)
Piper Sandler analyst Luke Lemoine maintained a Buy rating on Weatherford International today and set a price target of $116.00. The company’s shares closed last Tuesday at $92.51, close to its 52-week high of $98.97.
According to TipRanks.com, Lemoine is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Weatherford International with a $113.50 average price target.
See today’s best-performing stocks on TipRanks >>
Matador Resources (MTDR)
In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Matador Resources, with a price target of $87.00. The company’s shares closed last Tuesday at $62.84.
Sorbara has an average return of
According to TipRanks.com, Sorbara is ranked #327 out of 8565 analysts.
Matador Resources has an analyst consensus of Strong Buy, with a price target consensus of $78.25, implying a 22.2% upside from current levels. In a report issued on October 11, RBC Capital also maintained a Buy rating on the stock with a $70.00 price target.
Range Resources (RRC)
Piper Sandler analyst Mark Lear maintained a Buy rating on Range Resources today and set a price target of $39.00. The company’s shares closed last Tuesday at $34.48, close to its 52-week high of $35.80.
According to TipRanks.com, Lear is a 4-star analyst with an average return of
Range Resources has an analyst consensus of Moderate Buy, with a price target consensus of $37.12, implying a 6.2% upside from current levels. In a report released yesterday, Raymond James also upgraded the stock to Buy with a $41.00 price target.
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.
Read More on WFRD:
- Weatherford Announces $550 Million Credit Facility with $300 Million Borrowing Capacity
- Weatherford Announces Third Quarter 2023 Results and Raises Full-Year Outlook
- Weatherford International Plc (WFRD) Q3 Earnings Cheat Sheet
- IWM ETF: Time to Buy Small-Cap Stocks?
- Weatherford Announces Intention to Redeem $50 Million Principal Amount of 6.50% Senior Notes Due 2028
