National Oilwell Varco (NYSE:NOV) was upgraded by analysts
at Societe Generale from a “hold” rating to a “buy” rating in a research report
issued on Thursday. The firm currently has a $44.00 price objective on the oil
and gas exploration company’s stock. Societe Generale’s target price would
suggest a potential upside of 17.58% from the stock’s current price.
Several other equities analysts have also recently commented
on NOV. Seaport Global Securities cut shares of National Oilwell Varco from a
“neutral” rating to a “sell” rating and set a $34.00 target price for the
company. in a research report on Thursday, December 1st. Johnson Rice cut
shares of National Oilwell Varco from a “buy” rating to a “hold” rating in a
research report on Friday, December 9th. RBC Capital Markets reiterated a
“hold” rating and set a $47.00 price objective on shares of National Oilwell
Varco in a research report on Friday, January 6th. Zacks Investment Research
cut shares of National Oilwell Varco from a “buy” rating to a “hold” rating in
a research report on Tuesday, October 18th. Finally, BMO Capital Markets set a
$30.00 price objective on shares of National Oilwell Varco and gave the stock a
“sell” rating in a research report on Thursday, January 12th. Four equities
research analysts have rated the stock with a sell rating, twenty have given a
hold rating and six have assigned a buy rating to the company. The stock has an
average rating of “Hold” and an average price target of $34.94.
Source: SportsPerspectives
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