Zacks Rating on Weatherford International plc (WFT)

Weatherford International plc (WFT) : The consensus on Weatherford International plc (WFT) based on 22 analyst recommendation on the company stock is 2.18, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 12 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Weatherford International plc (WFT).

Weatherford International plc (WFT) : The highest level Weatherford International plc (WFT) is projected to reach is $13 for the short term and the lowest estimate is at $5. The consolidated price target from 19 rating analysts who initiate coverage on the stock is $7.81 and the possibility the share price can swing is $2.16.


Weatherford International plc has dropped 2.73% in the last five trading days, however, the shares have posted positive gains of 0.18% in the last 4 weeks. Weatherford International plc is up 8.16% in the last 3-month period. Year-to-Date the stock performance stands at -32.06%. Weatherford International plc (NYSE:WFT): On Tuesdays trading session , Opening price of the stock was $5.74 with an intraday high of $5.7501. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.66. However, the stock managed to close at $5.7, a loss of 0.70% for the day. On the previous day, the stock had closed at $5.74. The total traded volume of the day was 16,103,232 shares.

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