Frank’s International NV (NYSE:FI) shares fell 1.3% during trading on Monday . The company traded as low as $14.40 and last traded at $14.66, with a volume of 237,002 shares changing hands. The stock had previously closed at $14.86.

A number of research firms have recently commented on FI. Royal Bank Of Canada restated a “sector perform” rating and set a $18.00 price target (up from $15.00) on shares of Frank’s International NV in a research report on Thursday, April 28th. Jefferies Group lowered shares of Frank’s International NV from a “hold” rating to an “underperform” rating and cut their target price for the stock from $14.50 to $12.00 in a research report on Monday, July 11th. KLR Group reiterated a “buy” rating and issued a $22.00 target price on shares of Frank’s International NV in a research report on Wednesday, June 15th. Evercore ISI lowered shares of Frank’s International NV from a “buy” rating to a “hold” rating and cut their target price for the stock from $15.00 to $12.00 in a research report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. began coverage on shares of Frank’s International NV in a research report on Wednesday, June 22nd. They issued a “neutral” rating and a $13.00 target price for the company. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $16.00.

The stock has a market capitalization of $2.28 billion and a PE ratio of 51.65. The company’s 50-day moving average is $15.42 and its 200 day moving average is $15.19.

A number of institutional investors recently bought and sold shares of the stock. Morgan Stanley boosted its position in Frank’s International NV by 26.8% in the fourth quarter. Morgan Stanley now owns 729,717 shares of the company’s stock valued at $12,179,000 after buying an additional 154,393 shares during the last quarter. Sei Investments Co. boosted its position in Frank’s International NV by 29.6% in the fourth quarter. Sei Investments Co. now owns 66,019 shares of the company’s stock valued at $1,102,000 after buying an additional 15,098 shares during the last quarter. American Century Companies Inc. boosted its position in Frank’s International NV by 19.6% in the fourth quarter. American Century Companies Inc. now owns 94,060 shares of the company’s stock valued at $1,570,000 after buying an additional 15,417 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in Frank’s International NV by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 66,099 shares of the company’s stock valued at $1,103,000 after buying an additional 1,150 shares during the last quarter.

Frank’s International N.V. is a provider of engineered tubular services to the oil and gas industry. The Company operates through three business segments: International Services, U.S. Services and Tubular Sales. The Company provides services to exploration and production companies in both offshore and onshore environments, with a focus on technically demanding wells.

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