RBC Capital Keeps Their Hold Rating on Liberty Oilfield Services (LBRT)

RBC Capital analyst Keith Mackey maintained a Hold rating on Liberty Oilfield Services yesterday and set a price target of $20.00. The company’s shares closed yesterday at $17.15.

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Mackey covers the Energy sector, focusing on stocks such as Enerflex, Halliburton, and Helmerich & Payne. According to TipRanks, Mackey has an average return of 19.4% and a 61.41% success rate on recommended stocks.

Currently, the analyst consensus on Liberty Oilfield Services is a Moderate Buy with an average price target of $17.11, which is a -0.23% downside from current levels. In a report released on November 21, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $18.50 price target.

Based on Liberty Oilfield Services’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $947.4 million and a net profit of $43.06 million. In comparison, last year the company earned a revenue of $1.14 billion and had a net profit of $73.8 million