Tetra Technologies (TTI) : Zacks Investment Research ranks Tetra Technologies (TTI) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.5, which indicates as a Strong Buy.
Tetra Technologies (TTI) : The highest level Tetra Technologies (TTI) is projected to reach is $10 for the short term and the lowest estimate is at $6. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $7.95 and the possibility the share price can swing is $1.2.
Also, Morgan Stanley initiates coverage on Tetra Technologies (NYSE:TTI).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Morgan Stanley announces the price target of $10 per share. The rating by the firm was issued on August 11, 2016.
Tetra Technologies (NYSE:TTI): The stock opened in the green at $5.75 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $5.88 and a low of $5.67 for the day. The stock did not find buyers even at the lows and closed at $5.73 recording a loss of -0.35%. 830,527 shares exchanged hands during the trading day. The stock had closed at $5.75 in the previous days trading.
TETRA Technologies, Inc. is an oil and gas services company. The Company is focused on completion fluids and associated products and services, water management, frac flowback, production well testing, offshore rig cooling, compression services and equipment, and selected offshore services, including well plugging and abandonment, decommissioning and diving. The Company has a limited domestic oil and gas production business. It is composed of five segments organized into four divisions: Fluids, Production Testing, Compression and Offshore. The Companys Fluids division manufactures and markets clear brine fluids, additives, and associated products and services. The Production Testing division provides frac flowback, production well testing, offshore rig cooling and other associated services. The Compression division is a provider of compression services and equipment. The Offshore division provides downhole and subsea services, decommissioning and certain construction services.