NOW (DNOW) Receives Analyst Rating

NOW (DNOW) : Zacks Investment Research ranks NOW (DNOW) as 3, which is a Hold recommendation. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 3, which indicates as a Hold.

NOW (DNOW) : The most positive equity analysts on NOW (DNOW) expects the shares to touch $21, whereas, the least positive believes that the stock will trade at $19 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $20.33 with an expected fluctuation of $1.15 from the mean.


NOW (NYSE:DNOW): The stock opened in the green at $19.58 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $19.58 and a low of $19.35 for the day. The stock did not find buyers even at the lows and closed at $19.47 recording a loss of -0.82%. 694,841 shares exchanged hands during the trading day. The stock had closed at $19.63 in the previous days trading.

NOW Inc. (NOW) is a global distributor to energy and industrial markets. The Company operates through three segments: United States (U.S.), Canada and International. The Company operates primarily under the DistributionNOW and Wilson Export brands. Its energy product offering is needed throughout all sectors of the oil and gas industry, from upstream drilling and completion, exploration and production (E&P), midstream infrastructure development to downstream petroleum refining, as well as in other industries. It also provides supply chain management to drilling contractors, E&P operators, midstream operators, downstream energy and industrial manufacturing companies around the world. The Companys global product offering includes consumable maintenance, repair and operating (MRO) supplies, pipe, valves, fittings, flanges, electrical, artificial lift solutions, mill tools, safety supplies and spare parts to support customers operations.

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