Stifel Nicolaus Keeps Their Buy Rating on Cactus (WHD)
In a report released today, Stephen Gengaro from Stifel Nicolaus reiterated a Buy rating on Cactus (WHD – Research Report), with a price target of $57.00. The company’s shares closed yesterday at $41.47.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Gengaro is a 2-star analyst with an average return of 0.1% and a 36.83% success rate. Gengaro covers the Energy sector, focusing on stocks such as Baker Hughes Company, ProFrac Holding, and NOV.
Currently, the analyst consensus on Cactus is a Hold with an average price target of $51.50.
The company has a one-year high of $70.01 and a one-year low of $33.80. Currently, Cactus has an average volume of 908.2K.
Read More on WHD:
Disclaimer & DisclosureReport an Issue
- Cactus enters agreement to acquire 65% controlling interest in Baker Hughes SPC
- Cactus Acquires Stake in Baker Hughes Business
- Baker Hughes, Cactus create joint venture for surface pressure control services
- Cactus price target lowered to $50 from $52 at JPMorgan
- Cactus Inc. Holds Annual Stockholders Meeting
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.