Breaking Finance News

Helmerich & Payne, Inc. (NYSE:HP) has been downgraded to Sell in a report by Goldman Sachs Group Inc today.

Boasting a price of $59.88, Helmerich & Payne, Inc. (NYSE:HP) traded 1.94% higher on the day. With the last stock price close up -2.75% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Helmerich & Payne, Inc. has recorded a 50-day average of $48.12 and a two hundred day average of $54.43. Volume of trade was down over the average, with 1,225,443 shares of HP changing hands under the typical 1,979,930

Goldman Sachs Group Inc has downgraded Helmerich & Payne, Inc. (NYSE:HP) to Sell in a statement released on Monday May 22, 2017.

On 05/04/2017, Iberia Capital released a statement for Helmerich & Payne, Inc. (NYSE:HP) bumped up the target price from $0.00 to $74.00 that suggested an upside of 0.25%.

Performance Chart

Helmerich & Payne, Inc. (NYSE:HP)

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

A total of 28 equity analysts have released a research note on HP. Four equity analysts rating the company a strong buy, six equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $58.04.

More About Helmerich & Payne, Inc. (NYSE: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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *