Expro initiated with an Overweight at JPMorgan

JPMorgan initiated coverage of Expro with an Overweight rating and $30 price target. The small-to-mid cap oilfield services company has “an attractive portfolio of assets levered to offshore and international markets,” as well as an “impressive suite of proprietary technology,” the analyst tells investors. Expro, which is the third largest producer of well test services, also has “strong economic moats” in well test and tubular running services, the analyst added.