Nabors Industries (NYSE: NBR) received a number of price target changes and ratings updates during the last week:
- Nabors Industries had its “neutral” rating reaffirmed by analysts at Guggenheim. They now have a $16.00 price target on the stock.
- Nabors Industries had its “underperform” rating reaffirmed by analysts at Jefferies Group. They now have a $13.00 price target on the stock.
- Nabors Industries had its price target raised by analysts at UBS AG from $14.00 to $18.00. They now have a “neutral” rating on the stock.
- Nabors Industries had its price target raised by analysts at Canaccord Genuity from $16.50 to $18.00.
- Nabors Industries had its price target raised by analysts at Jefferies & Co. from $13.00 to $14.00.
- Nabors Industries had its price target lowered by analysts at Barclays Capital from $19.00 to $18.00. They now have an “equal weight” rating on the stock.
- Nabors Industries had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a $25.00 price target on the stock.
- Nabors Industries had its price target raised by analysts at FBR Capital from $16.00 to $19.00. They now have a “market perform” rating on the stock.
Nabors Industries opened at 15.82 on Wednesday. Nabors Industries has a 52-week low of $12.40 and a 52-week high of $22.27. The stock’s 50-day moving average is currently $16.16. The company has a market cap of $4.594 billion and a price-to-earnings ratio of 28.00.
Nabors Industries Ltd. (Nabors) is a land drilling contractor. It is also a land well-servicing and workover contractor in the United States and Canada.
