Cactus (WHD) Gets a Buy from Barclays
Barclays analyst David Anderson maintained a Buy rating on Cactus (WHD – Research Report) on June 18 and set a price target of $53.00. The company’s shares closed last Wednesday at $45.49.
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According to TipRanks, Anderson is an analyst with an average return of -1.0% and a 46.08% success rate. Anderson covers the Energy sector, focusing on stocks such as Baker Hughes Company, Cactus, and TechnipFMC.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cactus with a $53.67 average price target, representing a 17.98% upside. In a report released on June 3, Stifel Nicolaus also reiterated a Buy rating on the stock with a $57.00 price target.
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 836.4K.
Read More on WHD:
Disclaimer & DisclosureReport an Issue
- Cactus to Acquire Baker Hughes Surface Business
- Cactus upgraded to Overweight from Equal Weight at Barclays
- 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
