Barclays (LON:BARC) analyst David Anderson maintained a Hold rating on NOV on Friday, setting a price target of $15, which is approximately 8.62% above the present share price of $13.81.
Anderson expects NOV to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Hold rating of shares in NOV, with an average price target of $16.17.
The analysts price targets range from a high of $19 to a low of $12.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.42 billion and a net profit of $12 million. The company's market cap is $5.4 billion.
According to TipRanks.com, Barclays analyst David Anderson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.2% and a 40.69% success rate.
National Oilwell Varco (NYSE:NOV), Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business. The Wellbore Technologies segment designs, manufactures, rents, and sells a variety of equipment and technologies used to perform drilling operations, and offers services that optimize their performance. The Completion and Production Solutions segment integrates technologies for well completions and oil and gas production. The company was founded in 1841 and is headquartered in Houston, TX.