<div id="readability-page-1"><p><span>Weatherford International (NASDAQ:WFRD - Get Free Report)</span> had its price objective raised by equities research analysts at Citigroup  from $77.00 to $93.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the stock. Citigroup's price target would suggest a potential upside of 14.52% from the stock's previous close.</p><ul><li>3 Oil &amp; Gas Gear Makers With Triple-Digit EPS Growth Forecasts</li></ul><p>A number of other research firms have also commented on WFRD. BMO Capital Markets began coverage on shares of Weatherford International in a research report on Friday, October 10th. They issued an &#34;outperform&#34; rating and a $82.00 price target on the stock. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Weatherford International in a research note on Wednesday, October 8th. Zacks Research upgraded Weatherford International from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Monday, October 13th. Melius Research began coverage on Weatherford International in a research note on Wednesday, August 20th. They set a &#34;buy&#34; rating and a $108.00 price objective on the stock. Finally, Piper Sandler upped their price target on shares of Weatherford International from $79.00 to $80.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, October 23rd. One equities research analyst  has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued  a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $90.20.</p><p><b>Get Our Latest Research Report on WFRD</b></p><h2>Weatherford International Stock Down 0.1%</h2><ul><li>Oilfield Services Growing Faster Than Wider Energy Sector</li></ul><p>Shares of WFRD traded down $0.10 during mid-day trading on Thursday, reaching $81.21. The company's stock had a trading volume of 833,511 shares, compared to its average volume of 1,158,898. The business has a fifty day moving average of $70.93 and a 200 day moving average of $61.56. The company has a quick ratio of 1.55, a current ratio of 2.07 and a debt-to-equity ratio of 0.93. Weatherford International has a 1 year low of $36.74 and a 1 year high of $81.96. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. </p><p>Weatherford International (NASDAQ:WFRD - Get Free Report) last posted its earnings results on Tuesday, October 21st. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.15 by ($0.03). Weatherford International had a net margin of 8.15% and a return on equity of 28.28%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm earned $2.06 earnings per share. Weatherford International's revenue was down 12.6% compared to the same quarter last year.  As a group, analysts forecast that  Weatherford International will post 5.89 earnings per share for the current fiscal year. </p><h2>Insider Activity</h2><ul><li>2 Energy Mid-Caps Expected To Post Monster Earnings Growth</li></ul><p>In other Weatherford International news, EVP Kristin Ruzicka sold 2,129 shares of the business's stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $77.25, for a total value of $164,465.25. Following the completion of the sale, the executive vice president owned 15,673 shares of the company's stock, valued at $1,210,739.25. The trade was a 11.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own  2.09% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors and hedge funds have recently made changes to their positions in WFRD. Quent Capital LLC acquired a new position in shares of  Weatherford International during the third quarter worth $26,000.  Sound Income Strategies LLC bought a new position in shares of  Weatherford International during the 3rd quarter worth about $35,000.  Elevation Point Wealth Partners LLC bought a new position in  Weatherford International in the second quarter worth approximately $27,000.  EverSource Wealth Advisors LLC grew its position in  Weatherford International by 83.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 556 shares of the company's stock valued at $28,000 after purchasing an additional 253 shares during the period.  Finally, Smartleaf Asset Management LLC grew its holdings in shares of  Weatherford International by 69.8% during the second quarter. Smartleaf Asset Management LLC now owns 584 shares of the company's stock valued at $29,000 after buying an additional 240 shares during the last quarter. Institutional investors own  97.23% of the company's stock. </p><h2>About Weatherford International</h2> (Get Free Report)<p>Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.</p><h2>Read More</h2><ul><li>Five stocks we like better than Weatherford International</li><li>How to Buy Gold Stock and Invest in Gold</li><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>The Quantum Fleet: Investing in the New Quantum Standard</li><li>What is the Dogs of the Dow Strategy? Overview and Examples</li><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0ZSRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0ZSRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Weatherford International Right Now?</h2><p>Before you consider Weatherford International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Weatherford International wasn't on the list.</p><p>While Weatherford International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WFRD

<p>Citigroup raised Weatherford International's price target from $77.00 to $93.00, maintaining a "buy" rating, suggesting a 14.52% potential upside. Other firms also rated WFRD positively, with an average target price of $90.20. Weatherford's stock traded at $81.21, with a market cap of $5.83 billion. Recent earnings missed estimates slightly, with revenue down 12.6% year-over-year. Insider activity included EVP Kristin Ruzicka selling shares. Institutional investors hold 97.23% of the stock.</p>

Citigroup Raises Weatherford International (NASDAQ:WFRD) Price Target to $93.00