Scotiabank Reiterates "Hold" Rating for Weatherford International PLC (WFT)

Mae Love
January 14, 2018

Analysts believe that the company has the potential to earn average revenue of $1.5 Billion for the current quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 303,491 shares of the oil and gas company's stock valued at $1,175,000 after buying an additional 34,034 shares in the last quarter. The data from the past twelve months tells a different story: insiders executed 19 buys and 35 sells, and ownership increased by a net of 3.41 million shares. Finally, Jefferies Group downgraded Weatherford International from a "hold" rating to an "underperform" rating and set a $3.00 target price on the stock.in a report on Thursday, January 4th. It has underperformed by 14.55% the S&P500.

Telemus Capital Llc decreased Verizon Communications Inc (VZ) stake by 75.91% reported in 2017Q3 SEC filing. The institutional investor held 249,994 shares of the central company at the end of 2017Q3, valued at $9.49 million, up from 132,550 at the end of the previous reported quarter. The company has market cap of $1.22 billion. The stock increased 0.24% or $0.11 during the last trading session, reaching $46.15. About 22.50 million shares traded. Revance Therapeutics, Inc. (RVNC) has risen 20.40% since January 12, 2017 and is uptrending. It has underperformed by 3.88% the S&P500. The company presently has a consensus rating of "Buy" and an average target price of $5.90. Therefore 100% are positive. Weatherford International Ltd. had 105 analyst reports since July 24, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with "Buy" rating and $47.0 target in Monday, October 2 report. On Friday, August 28 the stock rating was downgraded by Vetr to "Buy". Jefferies Group LLC restated a "buy" rating and set a $7.00 price objective (down previously from $7.50) on shares of Weatherford International PLC in a research report on Thursday, November 10th. Sanford C. Bernstein raised Weatherford International from a "market perform" rating to an "outperform" rating in a report on Friday, November 3rd. Therefore 52% are positive. The firm has "Buy" rating by RBC Capital Markets given on Thursday, December 21. Royal Bank of Canada set a $6.00 target price on shares of Weatherford International and gave the company a "buy" rating in a research note on Sunday, October 8th. The company was upgraded on Tuesday, March 7 by Capital One.

Mario Tennis Aces serves on Nintendo Switch this spring
During the Nintendo Direct Mini yesterday, a Switch version of The World Ends with You , often acronymed TWEWY , was announced. SNK HEROINES ~Tag Team Frenzy~ will let you fight with SNK's iconic heroines in two-on-two tag team matches.

Presidency Denies Tweet In Support Of Killings By Herders
The statement also described as unfair, the attempt by section of the country to continually push every blames over the crisis on President Muhammadu Buhari.

Did Botswana Condemn Trump's Alleged 'Shithole' Slur Toward African Countries?
Trump denied in a pair of tweets on Friday that he made the comment, but referred to Haiti as a "very poor and troubled country". Dick Durbin (D-Ill.), came in an Oval Office meeting with lawmakers on immigration reform.

Investors sentiment decreased to 0.95 in Q3 2017. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. 39 funds opened positions while 89 raised stakes. First Citizens Comml Bank & Tru holds 0.45% or 76,702 shares. Dorsey & Whitney Ltd Liability Corp holds 12,317 shares.

While taking a look at financials, we can look at a number of key indicators about Weatherford International plc (WFT) . Bourgeon Cap Management Ltd reported 0.04% stake. Invesco Ltd holds 3.57M shares. Schwab Charles Investment Management Inc. increased its position in shares of Weatherford International by 0.3% in the 2nd quarter. Alexandria holds 0% or 353 shares in its portfolio. Moreover, Pura Vida Investments Llc has 0.69% invested in the company for 50,000 shares. Encompass Capital Advsrs Limited Liability has 2.25M shares for 1.68% of their portfolio. Following the transaction, the vice president now owns 271,625 shares of the company's stock, valued at approximately $1,018,593.75. Nikko Asset Americas has invested 0.3% in Weatherford International plc (NYSE:WFT). The company's revenue for the quarter was up 7.1% compared to the same quarter last year. equities analysts expect that Weatherford International will post -1.02 EPS for the current fiscal year. During the same period previous year, the firm posted ($0.39) EPS. Cornercap Counsel Inc has 0.01% invested in Weatherford International plc (NYSE:WFT). Walter Keenan Consulting Mi Adv, a Indiana-based fund reported 44,624 shares. Accenture Plc Cl A (NYSE:ACN) was raised too. Ltd. grew its holdings in shares of Weatherford International by 5,565.1% during the third quarter. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 5,658 shares in the quarter, leaving it with 43,881 shares, and cut its stake in Spdr Series Trust (KRE). Four research analysts have rated the stock with a sell rating, four have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. The firm has "Hold" rating given on Wednesday, September 6 by BMO Capital Markets. (NYSE:WM) earned "In-Line" rating by Imperial Capital on Friday, July 29. Evercore has "Hold" rating and $36 target. The firm has "Buy" rating given on Tuesday, August 15 by Citigroup. The Stock now has a Weekly Volatility of 6.19% and Monthly Volatility of 5.36%. (NYSE:VZ) on Tuesday, July 18 with "Hold" rating. The company was maintained on Thursday, October 5 by Bank of America. Pomelo Capital Llc acquired 580,000 shares as Weatherford Intl Plc (WFT)'s stock declined 8.25%.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER