Zacks Investment Research disclosed Weatherford International Plc (NYSE:WFT), upping its target price to $6.25 earlier today
- Updated: October 6, 2016
Zacks Investment Research raised the target price of Weatherford International Plc (NYSE:WFT) to $6.25 stating a potential upside of 0.06%.
On 06/24/2016, Imperial Capital released a statement for Weatherford International Plc (NYSE:WFT) bumped up the target price from $0.00 to $7.00 that suggested an upside of 0.18%.
Boasting a price of $5.89, Weatherford International Plc (NYSE:WFT) traded 4.03% higher on the day. With the last stock price close down -3.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Weatherford International Plc has recorded a 50-day average of $5.69 and a two hundred day average of $6.17. Volume of trade was up over the average, with 22,526,063 shares of WFT changing hands over the typical 17,410,700
With a total market value of $0, Weatherford International Plc has with a one year low of $4.71 and a one year high of $11.49 .
A total of 32 equity analysts have released a research note on WFT. Eight equity analysts rating the company a strong buy, eighteen equity analysts rating the company a buy, seven equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.92.
Brief Synopsis About Weatherford International Plc (NYSE:WFT)
Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. The company operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs. The Formation Evaluation and Well Construction business group provides managed-pressure drilling, drilling services, tubular running services, drilling tools, wireline services, testing and production services, re-entry and fishing services, cementing, liner systems, integrated laboratory services, and surface logging systems. The Completion and Production business group offers artificial lift systems, stimulation and completion systems. The Land Drilling Rigs business group provides onshore contract drilling services and related operations, as well as operates a fleet of land drilling and workover rigs. Weatherford International public limited company was founded in 1972 and is headquartered in Baar, Switzerland.
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