Helmerich & Payne (HP) Change of Rating
In analysts report revealed to clients and investors today, Societe Generale upgraded shares of Helmerich & Payne (HP) to “Buy” rating from “Hold” rating.
In spite of the company’s rating upgrade HP is now trading 0.00% lower at $0.00 as of 8:06 AM New York time. Helmerich & Payne shares have [From2] 0% in the last 200 days, while the S&P 500 has risen 6.00% for the same time period.
According to data compiled by Thomson Reuters, Helmerich & Payne (HP)’s stock is covered by 28 equity analysts across the Street, with 8 analysts giving it a Sell rating, 10 a Buy rating, while 14 consider it a Hold. The 12-month consensus target price for the stock is $58.04, which reflects an upside potential of ∞% over the current price.
Oppenheimer & Close Llc had the largest stake with ownership of 97,665 shares as of q2 2015 for 6.28% of the long stock exposure. Arosa Capital Management Lp is another very bullish institutional investor who is owning 488,520 shares of Helmerich & Payne or 4.38% of their long stock exposure. Moreover, Energy Opportunities Capital Management Llc have 4.34% of their long stock exposure invested in the company for 220,450 shares. The United Kingdom-based fund Kiltearn Partners Llp disclosed it had bought so far a stake worth about 3.71% of the institutional investor’s stock portfolio in Helmerich & Payne. The California-based fund Beddow Capital Management Inc is also positive about the stock, possessing 1.39 million shares or 3.38% of their long stock exposure.
Helmerich & Payne (HP) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Helmerich & Payne has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
Get the latest Helmerich & Payne (HP) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
The post Helmerich & Payne (HP) Stock Rating Upgraded by Societe Generale to “Buy” appeared first on Octafinance.