Liberty Oilfield Services Inc (LBRT) Given Average Rating of “Buy” by Analysts

Liberty Oilfield Services Inc (NYSE:LBRT) has been assigned a consensus rating of “Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $29.29.

A number of research analysts have weighed in on the stock. Morgan Stanley assumed coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “overweight” rating and a $27.00 price objective on the stock. Evercore ISI started coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “outperform” rating and a $30.00 target price on the stock. Goldman Sachs Group started coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued a “buy” rating and a $34.00 target price on the stock. Piper Jaffray Companies started coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “overweight” rating and a $28.00 target price on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “overweight” rating and a $34.00 target price on the stock.

Liberty Oilfield Services (NYSE:LBRT) traded down $1.49 during mid-day trading on Tuesday, reaching $18.82. 2,320,482 shares of the company were exchanged, compared to its average volume of 1,120,676. Liberty Oilfield Services has a twelve month low of $17.79 and a twelve month high of $23.78.

In other Liberty Oilfield Services news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $16.07, for a total transaction of $4,829,693.87. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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Liberty Oilfield Services Company Profile

Analyst Recommendations for Liberty Oilfield Services (NYSE:LBRT)

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