RBC Capital analyst Keith Mackey maintained a Hold rating on NOV (NOV – Research Report) on October 27 and set a price target of $24.00. The company’s shares closed last Friday at $19.60.
According to TipRanks, Mackey is a top 100 analyst with an average return of 25.0% and a 67.43% success rate. Mackey covers the Energy sector, focusing on stocks such as Baker Hughes Company, Halliburton, and Nabors Industries.
In addition to RBC Capital, NOV also received a Hold from Piper Sandler’s Luke Lemoine in a report issued on October 27. However, today, TD Cowen maintained a Buy rating on NOV (NYSE: NOV).
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The company has a one-year high of $24.62 and a one-year low of $13.97. Currently, NOV has an average volume of 3.61M.
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NOV (NOV) Company Description:
National Oilwell Varco, Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business. The Wellbore Technologies segment designs, manufactures, rents, and sells a variety of equipment and technologies used to perform drilling operations, and offers services that optimize their performance. The Completion and Production Solutions segment integrates technologies for well completions and oil and gas production. The company was founded in 1841 and is headquartered in Houston, TX.
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