Wells Fargo analyst Roger Read reiterated a Hold rating on Liberty Oilfield Services (LBRT – Research Report) yesterday and set a price target of $12.00. The company’s shares closed yesterday at $12.05.
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Read covers the Energy sector, focusing on stocks such as Valero Energy, Devon Energy, and EOG Resources. According to TipRanks, Read has an average return of 0.4% and a 46.48% success rate on recommended stocks.
Liberty Oilfield Services has an analyst consensus of Moderate Buy, with a price target consensus of $16.35, implying a 35.68% upside from current levels. In a report released on May 28, J.P. Morgan also maintained a Hold rating on the stock with a $13.00 price target.
The company has a one-year high of $24.43 and a one-year low of $9.50. Currently, Liberty Oilfield Services has an average volume of 3.36M.
Read More on LBRT:
- Liberty Energy price target lowered to $13 from $16 at JPMorgan
- Liberty Energy price target lowered to $22 from $23 at Stifel
- Liberty Energy price target lowered to $13.50 from $16 at Citi
- Liberty Energy price target lowered to $16 from $17 at Barclays
- Liberty Energy price target raised to $13 from $10 at TD Cowen