Where Nabors Industries Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on Nabors Industries (NYSE:NBR) stock. The company has an average price target of $138.14, a decrease of 19.75% from the previous average price target of $172.14. The majority of the analysts are indifferent about the stock with only one bullish rating.
July 17, 2023 | 4:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Nabors Industries' average price target has decreased by 19.75% over the past 3 months. The majority of the analysts are indifferent about the stock.
The decrease in the average price target and the indifferent stance of the majority of the analysts suggest a neutral short-term impact on the stock. However, the fact that there is still one bullish rating indicates that there is some positive sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100