Barclays Keeps Their Sell Rating on Nabors Industries (NBR)
In a report released today, Eddie Kim from Barclays maintained a Sell rating on Nabors Industries, with a price target of $50.00.
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Kim covers the Energy sector, focusing on stocks such as Helmerich & Payne, Nabors Industries, and Propetro Holding. According to TipRanks, Kim has an average return of -2.9% and a 41.59% success rate on recommended stocks.
Nabors Industries has an analyst consensus of Hold, with a price target consensus of $53.67.
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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- Nabors Industries assumed with an Overweight at Morgan Stanley
- Trump Weekly: President set to cut tariffs on beef, coffee
- Trump Trade: President considers opening California to offshore drilling
- Trump considering opening California to offshore drilling, Washington Post says
- Nabors Industries price target raised to $45 from $36 at Barclays
