5 Analysts Have This To Say About Nabors Industries
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Nabors Industries (NYSE:NBR), with a recent decrease in the average 12-month price target by 13.74%. The company's financial metrics, such as net margin, ROE, and ROA, are below industry averages, indicating challenges in profitability and asset utilization. Analysts have adjusted their price targets, reflecting a cautious outlook.
October 24, 2024 | 6:00 pm
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Nabors Industries has received mixed analyst ratings, with a decrease in the average price target by 13.74%. The company's financial metrics are below industry averages, indicating challenges in profitability and asset utilization.
The decrease in the average price target by 13.74% and the company's financial metrics being below industry averages suggest a negative short-term outlook. Analysts have adjusted their ratings, reflecting a cautious sentiment towards Nabors Industries.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100