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Stifel Nicolaus Sticks to Its Buy Rating for Liberty Oilfield Services (LBRT)

Tipranks - Tipranks - Tue Feb 3, 6:56AM CST

Stifel Nicolaus analyst Stephen Gengaro reiterated a Buy rating on Liberty Oilfield Services today and set a price target of $28.00.

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Gengaro covers the Energy sector, focusing on stocks such as Baker Hughes Company, Liberty Oilfield Services, and Halliburton. According to TipRanks, Gengaro has an average return of 18.6% and a 51.88% success rate on recommended stocks.

In addition to Stifel Nicolaus, Liberty Oilfield Services also received a Buy from Piper Sandler’s Derek Podhaizer in a report issued today. However, on January 30, TD Cowen maintained a Hold rating on Liberty Oilfield Services (NYSE: LBRT).

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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

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