Barclays Remains a Buy on Helmerich & Payne (HP)
In a report released today, Eddie Kim from Barclays maintained a Buy rating on Helmerich & Payne, with a price target of $29.00.
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Kim covers the Energy sector, focusing on stocks such as Helmerich & Payne, Propetro Holding, and Nabors Industries. According to TipRanks, Kim has an average return of -1.5% and a 42.34% success rate on recommended stocks.
In addition to Barclays, Helmerich & Payne also received a Buy from Susquehanna’s Charles Minervino in a report issued yesterday. However, on the same day, Evercore ISI maintained a Hold rating on Helmerich & Payne (NYSE: HP).
Based on Helmerich & Payne’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.01 billion and a GAAP net loss of $57.36 million. In comparison, last year the company earned a revenue of $693.79 million and had a net profit of $75.48 million
Read More on HP:
Disclaimer & DisclosureReport an Issue
- Helmerich & Payne price target raised to $29 from $25 at Barclays
- Helmerich & Payne’s Earnings Call: Expansion and Challenges
- Helmerich & Payne price target raised to $27 from $20 at Evercore ISI
- Helmerich & Payne price target raised to $31 from $26 at Susquehanna
- Helmerich & Payne Reports Q4 Loss, Plans Rig Reactivations
