A Closer Look at 4 Analyst Recommendations For Helmerich & Payne
Portfolio Pulse from Benzinga Insights
Helmerich & Payne (NYSE:HP) has been analyzed by four analysts, showing a range of ratings from indifferent to bearish. The average 12-month price target has decreased by 7.69% to $39.0. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Helmerich & Payne faces revenue challenges with a decline of 3.62% over three months, but maintains a strong return on equity and prudent debt management.
October 16, 2024 | 8:00 pm
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Helmerich & Payne has received mixed analyst ratings, with a decrease in the average price target to $39.0. The company faces revenue challenges but shows strong ROE and prudent debt management.
The decrease in the average price target and mixed analyst ratings suggest a negative short-term outlook for Helmerich & Payne. Revenue challenges further contribute to this sentiment, although strong ROE and prudent debt management provide some positive aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100