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

A number of research analysts recently issued reports on FI shares. Goldman Sachs Group Inc. decreased their price objective on shares of Frank’s International NV from $13.00 to $12.50 in a research note on Tuesday, April 12th. Credit Suisse Group AG reissued a “hold” rating on shares of Frank’s International NV in a research note on Thursday, June 2nd. TheStreet raised shares of Frank’s International NV from a “sell” rating to a “hold” rating in a research note on Friday, May 27th. Morgan Stanley lifted their price objective on shares of Frank’s International NV from $17.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, April 19th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $16.00 price objective (down from $18.00) on shares of Frank’s International NV in a research note on Thursday, June 30th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company. Frank’s International NV presently has an average rating of “Hold” and a consensus target price of $16.00.

The firm has a market cap of $2.25 billion and a P/E ratio of 50.88. The company has a 50-day moving average price of $15.36 and a 200 day moving average price of $15.15.

Other hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System raised its stake 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 worth $1,103,000 after buying an additional 1,150 shares during the period. Sei Investments Co. raised its stake 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 worth $1,102,000 after buying an additional 15,098 shares during the period. American Century Companies Inc. raised its stake 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 worth $1,570,000 after buying an additional 15,417 shares during the period. Finally, Morgan Stanley raised its stake in Frank’s International NV by 26.8% in the fourth quarter. Morgan Stanley now owns 729,717 shares of the company’s stock worth $12,179,000 after buying an additional 154,393 shares during the period.

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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