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Patterson-Uti Energy (PTEN)
NASDAQ:PTEN
Patterson-UTI (PTEN) Stock Forecast & Price Target
314 Followers
See the Price Targets and Ratings of:
PTEN Analyst Ratings
Strong Buy
8 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PTEN Stock 12 Months Forecast
Average Price Target
$17.00
▲(57.12% Upside)
| Highest Price Target$19.00 | Average Price Target$17.00 | Lowest Price Target$16.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Morgan Stanley
Downgraded
10/17/23
Bank of America Securities
Upgraded
10/16/23
Stifel Nicolaus
Initiated
09/05/23
Capital One Financial
Initiated
06/28/23
Raymond James
$18.00
Buy
66.36%
Upside
Reiterated
06/23/23
Barclays Sticks to Their Buy Rating for Patterson-UTI (PTEN) - TipRanks.comIn addition to Barclays, Patterson-UTI also received a Buy from Raymond Jamess James Rollyson in a report issued on June 23. However, on June 28, Capital One Financial initiated coverage with a Hold rating on Patterson-UTI (NASDAQ: PTEN).
Unknown Analyst
Not Ranked
CFRA
$17.00
Buy
57.12%
Upside
Reiterated
02/09/23
Patterson-UTI Energy (PTEN) PT Lowered to $17 at CFRACFRA lowered its price target on Patterson-UTI Energy (NASDAQ: PTEN) to $17.00 (from $19.00) while maintaining a Buy rating.
―
Piper Sandler
―
Buy
―
Reiterated
11/13/23
Patterson-UTI Energy (PTEN) PT Lowered to $19 at Piper SandlerPiper Sandler analyst Ian Macpherson lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $19.00 (from $20.00) while maintaining a Overweight rating.
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ATB Capital Markets
―
Buy
―
Upgraded
11/17/23
Patterson-UTI (PTEN) upgraded to Outperform from Sector Perform at ATB Capital
Best Analysts Covering Patterson-UTI
Which Analyst Should I Follow If I Want to Buy PTEN and Sell After:
1 Month
3 Months
1 Year
Success Rate
6/10 ratings generated profit
Average Return
+11.99%
reiterated a buy rating 30 days ago
Copying Scott Gruber's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +11.99% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
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PTEN Financial Forecast
PTEN Stock Forecast FAQ
What is PTEN’s average 12-month price target, according to analysts?
Based on analyst ratings, Patterson-Uti Energy’s 12-month average price target is $17.00.
What is PTEN’s upside potential, based on the analysts’ average price target?
Patterson-Uti Energy has 57.12% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PTEN a Buy, Sell or Hold?
Patterson-Uti Energy has a conensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.
What is Patterson-Uti Energy’s price target?
The average price target for Patterson-Uti Energy is $17.00. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $19.00 ,the lowest forecast is $16.00. The average price target represents 57.12% Increase from the current price of $10.82.
The highest analyst price target is $19.00 ,the lowest forecast is $16.00. The average price target represents 57.12% Increase from the current price of $10.82.
What do analysts say about Patterson-Uti Energy?
Patterson-Uti Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of PTEN?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.