TESCO Corporation Price Target Raised to $17.00 at FBR Capital (TESO)
Shares of TESCO Corporation traded down 4.81% during mid-day trading on Monday, hitting $12.86. TESCO Corporation has a 52 week low of $8.70 and a 52 week high of $16.88. The stock’s 50-day moving average is currently $12.36. The company has a market cap of $497.7 million and a P/E ratio of 10.64.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas upgraded shares of TESCO Corporation to a neutral rating in a research note to investors on Monday, February 11th. They now have a $375.00 price target on the stock, up previously from $320.00. Separately, analysts at TheStreet upgraded shares of TESCO Corporation from a hold rating to a buy rating in a research note to investors on Thursday, January 31st. Finally, analysts at Dahlman Rose downgraded shares of TESCO Corporation from a buy rating to a hold rating in a research note to investors on Tuesday, January 8th. They noted that the move was a valuation call.
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