Analyst Rating: Will National Energy Services Reunited Corp (NESR) Stock Do Better Than the Market?

Monday, April 18, 2022 02:06 PM | InvestorsObserver Analysts

Mentioned in this article

Analyst Rating: Will National Energy Services Reunited Corp (NESR) Stock Do Better Than the Market?

Wall Street is positive on National Energy Services Reunited Corp (NESR). On average, analysts give NESR a Strong Buy rating. The average price target is $14.75, which means analysts expect the stock to increase by 75.60% over the next twelve months. That average ranking earns NESR an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating NESR a Strong Buy today. Find out what this means to you and get the rest of the rankings on NESR!

See Full NESR Report

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With National Energy Services Reunited Corp Stock Today?

National Energy Services Reunited Corp (NESR) stock is trading at $8.40 as of 2:02 PM on Monday, Apr 18, an increase of $0.09, or 1.08% from the previous closing price of $8.31. Volume today is above average. So far 755,700 shares have traded compared to average volume of 275,192 shares. The stock has traded between $8.07 and $8.89 so far today. Click Here to get the full Stock Report for National Energy Services Reunited Corp stock.