Zacks upgraded shares of TESCO Corporation (NASDAQ: TESO) from an underperform rating to a neutral rating in a report released on Tuesday. Zacks currently has $13.40 target price on the stock.

TESCO Corporation opened at 12.86 on Tuesday. 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 $12.39. The company has a market cap of $497.7 million and a price-to-earnings ratio of 10.13.

Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital raised their price target on shares of TESCO Corporation from $15.00 to $17.00 in a research note to investors on Monday. They now have an outperform rating on the stock. Separately, 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. Finally, 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.

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