Weatherford International PLC (WFT) Given a $5.00 Price Target at Jefferies Group LLC


Weatherford International PLC (WFT) Given a $5.00 Price Target at Jefferies Group LLC
  1. Weatherford International PLC (WFT) Given a $5.00 Price Target at Jefferies Group LLC
    americanbankingnews.com
    Weatherford International PLC (NYSE:WFT) has been given a $5.00 price objective by equities research analysts at Jefferies Group LLC in a research note issued on Thursday. The firm presently has a “hold” rating on the oil and gas company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 17.92% from the company’s…
    Finance

Weatherford International PLC (NYSE:WFT) has been given a $5.00 price objective by equities research analysts at Jefferies Group LLC in a research note issued on Thursday. The firm presently has a “hold” rating on the oil and gas company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 17.92% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Royal Bank Of Canada set a $8.00 target price on shares of Weatherford International PLC and gave the stock a “buy” rating in a research report on Saturday, June 24th. BMO Capital Markets reissued a “buy” rating and issued a $4.75 target price (down previously from $7.00) on shares of Weatherford International PLC in a research report on Thursday, July 13th. UBS AG reissued a “buy” rating and issued a $6.00 target price (down previously from $8.00) on shares of Weatherford International PLC in a research report on Thursday, July 6th. Piper Jaffray Companies set a $6.00 target price on shares of Weatherford International PLC and gave the stock a “buy” rating in a research report on Saturday, July 29th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $6.00 target price on shares of Weatherford International PLC in a research report on Tuesday, August 1st. Three analysts have rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. Weatherford International PLC currently has an average rating of “Buy” and an average price target of $6.30.

Get Weatherford International PLC alerts:

Weatherford International PLC (NYSE WFT) traded down 0.70% during trading on Thursday, reaching $4.24. The company had a trading volume of 12,567,121 shares. Weatherford International PLC has a 52-week low of $3.39 and a 52-week high of $7.09. The stock has a 50 day moving average price of $4.16 and a 200-day moving average price of $4.71. The company’s market capitalization is $4.19 billion.

Weatherford International PLC (NYSE:WFT) last released its earnings results on Friday, July 28th. The oil and gas company reported ($0.28) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.28). The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.46 billion. Weatherford International PLC had a negative net margin of 53.49% and a negative return on equity of 65.33%. The company’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.28) EPS. On average, equities research analysts anticipate that Weatherford International PLC will post ($1.04) earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/07/weatherford-international-plc-wft-given-a-5-00-price-target-at-jefferies-group-llc.html.

In other news, VP Douglas M. Mills sold 17,500 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $4.43, for a total value of $77,525.00. Following the completion of the sale, the vice president now directly owns 279,125 shares of the company’s stock, valued at approximately $1,236,523.75. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.16% of the company’s stock.

Several large investors have recently modified their holdings of WFT. Harris Associates L P lifted its stake in shares of Weatherford International PLC by 2,166.3% in the 2nd quarter. Harris Associates L P now owns 61,075,275 shares of the oil and gas company’s stock worth $236,361,000 after acquiring an additional 58,380,345 shares during the period. Wedge Capital Management L L P NC lifted its stake in…

Weatherford International PLC logo
  1. Rio Tinto PLC (RIO) PT Set at $55.00 by Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Rio Tinto PLC (NYSE:RIO) has been given a $55.00 price objective by analysts at Jefferies Group LLC in a report issued on Thursday. The firm presently has a “buy” rating on the mining company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 12.06% from the company’s current price. RIO has been the…
  2. J P Morgan Chase & Co Analysts Give ACADIA Pharmaceuticals Inc. (ACAD) a $50.00 Price Target

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) has been assigned a $50.00 price target by equities research analysts at J P Morgan Chase & Co in a report released on Thursday. The brokerage presently has a “buy” rating on the biopharmaceutical company’s stock. J P Morgan Chase & Co’s price target suggests a potential upside of 29.74% from…
  3. Hi-Crush Partners LP (HCLP) Given a $15.00 Price Target by Jefferies Group LLC Analysts

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Hi-Crush Partners LP (NYSE:HCLP) has been assigned a $15.00 price objective by analysts at Jefferies Group LLC in a research note issued on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. Jefferies Group LLC’s target price points to a potential upside of 63.04% from the stock’s previous close. A…
  4. Smart Sand Inc (SND) PT Set at $7.00 by Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Smart Sand Inc (NYSE:SND) received a $7.00 price objective from research analysts at Jefferies Group LLC in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Jefferies Group LLC’s target price suggests a potential upside of 3.86% from the stock’s current price. Other research analysts have…
  5. Weatherford International PLC (WFT) Given a $5.00 Price Target at Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Weatherford International PLC (NYSE:WFT) has been given a $5.00 price objective by equities research analysts at Jefferies Group LLC in a research note issued on Thursday. The firm presently has a “hold” rating on the oil and gas company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 17.92% from the company’s…
  6. Market Extra: Is this the melt-up in the stock market that comes before Wall Street’s meltdown?

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    If stock markets die in euphoria, as Sir John Templeton once famously said, then what transpired on CNBC’s Halftime Report on Friday may be the closest to the sort of exuberance that might make the British investor and fund manager’s ears prick up…
  7. Market Extra: Puerto Rico has more than $70 billion in debt because of this

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    Puerto Rico and domestic entities linked to the U.S. territory owe creditors more than $70 billion. A double-whammy of devastating hurricanes in recent months, Maria and Irma, only exacerbated the plight of the Caribbean…
  8. Market Extra: ‘Fraud.’ ‘More than a fad.’ The words Wall Street CEOs are using to describe bitcoin

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    Seems not a day goes by without some Wall Street VIP or financial luminary deciding it’s time for them to weigh in on bitcoin and cryptocurrencies. Here’s a roundup of the latest high-profile sta…
  9. Morgan Stanley Analysts Give MGM Resorts International (MGM) a $35.00 Price Target

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    MGM Resorts International (NYSE:MGM) has been assigned a $35.00 price objective by equities researchers at Morgan Stanley in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 13.60% from the stock’s current price. Other…
  10. Wolfe Research Downgrades Saia, Inc. (SAIA) to Market Perform

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Saia, Inc. (NASDAQ:SAIA) was downgraded by equities research analysts at Wolfe Research from an “outperform” rating to a “market perform” rating in a research report issued on Friday, The Fly reports. A number of other analysts also recently issued reports on SAIA. ValuEngine downgraded Saia from a “buy” rating to a “hold” rating in a…
  11. Zacks: Brokerages Expect Bankrate, Inc. (RATE) Will Announce Quarterly Sales of $138.39 Million

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Equities research analysts expect that Bankrate, Inc. (NYSE:RATE) will report sales of $138.39 million for the current quarter, Zacks reports. Three analysts have made estimates for Bankrate’s earnings. The highest sales estimate is $141.13 million and the lowest is $136.04 million. Bankrate posted sales of $128.80 million in the same quarter last year, which suggests…
  12. Analysts Anticipate Mitek Systems, Inc. (MITK) Will Announce Quarterly Sales of $12.21 Million

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Wall Street analysts expect Mitek Systems, Inc. (NASDAQ:MITK) to post sales of $12.21 million for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Mitek Systems’ earnings, with the lowest sales estimate coming in at $12.10 million and the highest estimate coming in at $12.39 million. Mitek Systems reported sales of $9.67…
  13. $236.10 Million in Sales Expected for Akorn, Inc. (AKRX) This Quarter

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Wall Street brokerages forecast that Akorn, Inc. (NASDAQ:AKRX) will announce $236.10 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Akorn’s earnings, with the lowest sales estimate coming in at $218.30 million and the highest estimate coming in at $253.90 million. Akorn posted sales of $284.10…
  14. Bank of Marin Bancorp (BMRC) Expected to Announce Quarterly Sales of $20.71 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Brokerages predict that Bank of Marin Bancorp (NASDAQ:BMRC) will post $20.71 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Bank of Marin Bancorp’s earnings. The lowest sales estimate is $20.34 million and the highest is $21.00 million. Bank of Marin Bancorp reported sales of $21.50 million in the…
  15. WisdomTree Investments, Inc. (WETF) Expected to Announce Quarterly Sales of $58.19 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities research analysts expect WisdomTree Investments, Inc. (NASDAQ:WETF) to post sales of $58.19 million for the current quarter, Zacks reports. Four analysts have made estimates for WisdomTree Investments’ earnings, with the highest sales estimate coming in at $58.80 million and the lowest estimate coming in at $57.75 million. WisdomTree Investments posted sales of $51.79 million…
  16. Verizon Communications Inc. (VZ) Expected to Announce Quarterly Sales of $31.08 Billion

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Brokerages expect Verizon Communications Inc. (NYSE:VZ) to announce $31.08 billion in sales for the current quarter, according to Zacks Investment Research. Eighteen analysts have provided estimates for Verizon Communications’ earnings. The lowest sales estimate is $29.94 billion and the highest is $32.32 billion. Verizon Communications posted sales of $30.94 billion in the same quarter last…
  17. Eagle Bancorp, Inc. (EGBN) Expected to Announce Quarterly Sales of $80.18 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities analysts expect Eagle Bancorp, Inc. (NASDAQ:EGBN) to announce sales of $80.18 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Eagle Bancorp’s earnings. The highest sales estimate is $80.85 million and the lowest is $79.50 million. Eagle Bancorp posted sales of $71.13 million during the same quarter last…
  18. Zacks: Brokerages Anticipate Top Image Systems, Ltd. (TISA) Will Announce Quarterly Sales of $7.90 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities analysts predict that Top Image Systems, Ltd. (NASDAQ:TISA) will announce sales of $7.90 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Top Image Systems’ earnings, with estimates ranging from $7.49 million to $8.30 million. Top Image Systems posted sales of $7.68 million in the same quarter last…
  19. 1982’s ‘Blade Runner’ inspired a generation of filmmakers

    Vse.marketwatch.com - Finance
    10.07 / 17:26 vse.marketwatch.com
    ”Blade Runner,” directed by Ridley Scott and released by Time Warner Inc.’s Warner Bros. studio, was anything but a commercial success. But for future fans of the film and aspiring filmmakers, the film had a significant impac…
  20. City Office REIT, Inc. (CIO) Given Consensus Recommendation of “Hold” by Analysts

    Americanbankingnews.com - Finance
    10.07 / 17:02 americanbankingnews.com
    City Office REIT, Inc. (NYSE:CIO) has received a consensus rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month…