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Nabors Industries (NBR) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Sat Feb 14, 6:42AM CST

In a report released today, Keith Mackey from RBC Capital maintained a Hold rating on Nabors Industries, with a price target of $77.00.

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Mackey covers the Energy sector, focusing on stocks such as Helmerich & Payne, Enerflex, and Baker Hughes Company. According to TipRanks, Mackey has an average return of 25.0% and a 66.74% success rate on recommended stocks.

In addition to RBC Capital, Nabors Industries also received a Hold from TipRanks – OpenAI’s OpenAI Oil and Gas Drilling in a report issued on February 4. However, on the same day, TipRanks – DeepSeek reiterated a Buy rating on Nabors Industries (NYSE: NBR).

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Based on Nabors Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $818.19 million and a net profit of $258.03 million. In comparison, last year the company earned a revenue of $731.81 million and had a GAAP net loss of $55.83 million

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