National-Oilwell Varco, Inc. (NYSE:NOV) target price raised to $44.00, reported today by Zacks Investment Research
- Updated: February 11, 2017
National-Oilwell Varco, Inc. (NYSE:NOV) had its target bumped up to $44.00 by Zacks Investment Research in an issued report issued 02/10/2017. The upped price target implies a potential upside of 0.13% based on the company's last stock close price.
Yesterday National-Oilwell Varco, Inc. (NYSE:NOV) traded 1.10% higher at $38.99. The company’s 50-day moving average is $38.38 and its 200-day moving average is $35.94. The last closing price is up 9.68% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 3,120,540 shares of the stock traded hands, down from an avg. volume of 3,649,670
With a total market value of $0, National-Oilwell Varco, Inc. has with a one year low of $26.86 and a one year high of $43.63 .
A total of 31 equity analysts have released a ratings update on NOV. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $31.03.
Brief Synopsis About National-Oilwell Varco, Inc. (NYSE:NOV)
National Oilwell Varco, Inc. (NOV) is engaged in providing design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations. The Company operates through four segments: Rig Systems, which makes and supports the capital equipment and integrated systems needed to drill oil and gas wells on land and offshore; Rig Aftermarket, which provides aftermarket products and services to support land and offshore rigs, and drilling rig components manufactured by the Company's Rig Systems segment; Wellbore Technologies, which sells and rents solids control equipment, and provides solids control, waste management and drilling fluids services, and Completion & Production Solutions, which provides technologies for well completions and oil and gas production. The Company also provides oilfield services to the upstream oil and gas industry. The Company conducts operations in approximately 830 locations across the world.
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