In a report released today, Luke Lemoine from Piper Sandler assigned a Buy rating to Expro Group Holdings (XPRO – Research Report), with a price target of $26.00. The company’s shares closed last Friday at $19.44.
According to TipRanks, Lemoine is a 4-star analyst with an average return of 6.6% and a 59.20% success rate. Lemoine covers the Energy sector, focusing on stocks such as Solaris Oilfield Infrastructure, Helix Energy, and Schlumberger.
Currently, the analyst consensus on Expro Group Holdings is a Moderate Buy with an average price target of $23.00.
XPRO market cap is currently $2.15B and has a P/E ratio of -108.30.
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Expro Group Holdings (XPRO) Company Description:
Frank’s International NV engages in the provision of tubular services to oil and gas industries. It operates through the following four segments: Tubular Running Services, Tubulars and Cementing Equipment. The Tubular Running Services segment provides tubular services in international offshore markets and in several onshore international regions. The Tubulars segment designs, manufactures, and distributes large outside diameter (OD) pipe, connectors, casing attachments and sells large OD pipe originally manufactured by various pipe mills. The Cementing Equipment segment provides equipment to enhance the safety and efficiency of rig operations. The company was founded by Frank Mosing in 1938 and is headquartered in Den Helder, Netherlands.
