Weatherford International plc (WFT) has an average broker rating of 2.18, which is interpreted as a Buy, as rated by 22 equity analysts. Nonetheless, 12 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 2 considers that the stock is a Sell.
Weatherford International plc (WFT) stock is expected to deviate a maximum of $2.16 from the average target price of $7.81 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $13 and the most muted being $5.
Also, Jefferies maintains their rating on the shares of Weatherford International plc (NYSE:WFT). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $7 per share from $8 per share. The rating by the firm was issued on August 2, 2016.
Weatherford International plc (NYSE:WFT): The stock opened in the green at $5.97 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $6.038 and a low of $5.81 for the day. The stock did not find buyers even at the lows and closed at $5.86 recording a loss of -1.01%. 15,539,192 shares exchanged hands during the trading day. The stock had closed at $5.92 in the previous days trading.