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Helmerich & Payne (US:HP) stock price target dropped to $44.00, released a report earlier today by Seaport Global Securities

Just yesterday Helmerich & Payne (US:HP) traded 0.82% higher at $53.47. The company’s 50-day moving average is $46.17 and its 200-day moving average is $56.52. With the last close down -11.20% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Volume of trade was up over the average, with 2,320,426 shares of HP changing hands over the typical 2,129,620

Stating a potential downside of -0.18%, Seaport Global Securities bumped down the target price of Helmerich & Payne (US:HP) to $44.00

Recent Performance Chart

Helmerich & Payne (US:HP)

With a total market value of $0, Helmerich & Payne has with a one year low of $42.16 and a one year high of $85.78 .

A total of 28 firms have reported on the stock. 4 brokerages rating the stock a strong buy, six equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, seven analysts rating the company a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $58.04.

Brief Synopsis About Helmerich & Payne (US:HP)

Helmerich & Payne, Inc. is engaged in contract drilling of oil and gas wells for others. The Company operates in the contract drilling industry. The Company's contract drilling business consists of three segments: U.S. Land, Offshore and International Land. The Company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology. Its real estate investments are located within Tulsa, Oklahoma, and include a shopping center containing approximately 441,000 leasable square feet, multi-tenant industrial warehouse properties containing approximately one million leasable square feet and approximately 210 acres of undeveloped real estate. The Company provides drilling rigs, equipment, personnel and camps on a contract basis. The Company's subsidiaries include Helmerich & Payne International Drilling Co. and Helmerich & Payne de Venezuela, C.A.

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