Shares of Liberty Oilfield Services Inc (NYSE:LBRT) have received a consensus rating of “Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $29.29.

A number of analysts have recently commented on the stock. Goldman Sachs Group began coverage on shares of Liberty Oilfield Services in a report on Tuesday, February 6th. They set a “buy” rating and a $34.00 target price on the stock. Cowen began coverage on shares of Liberty Oilfield Services in a research note on Wednesday. They issued a “market perform” rating and a $22.00 price target on the stock. Evercore ISI began coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “outperform” rating and a $30.00 price target on the stock. JPMorgan Chase & Co. began coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “overweight” rating and a $34.00 price target on the stock. Finally, Wells Fargo & Co began coverage on shares of Liberty Oilfield Services in a research note on Tuesday, February 6th. They issued an “outperform” rating and a $30.00 price target on the stock.

Shares of Liberty Oilfield Services (LBRT) traded down $1.49 during mid-day trading on Tuesday, hitting $18.82. 2,320,482 shares of the stock were exchanged, compared to its average volume of 1,120,676. Liberty Oilfield Services has a 1 year low of $17.79 and a 1 year high of $23.78.

In related news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of the company’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $16.07, for a total value of $4,829,693.87. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

WARNING: “Liberty Oilfield Services Inc (LBRT) Receives $28.50 Consensus Target Price from Brokerages” was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://theolympiareport.com/2018/02/11/liberty-oilfield-services-inc-lbrt-receives-28-50-consensus-target-price-from-brokerages.html.

Liberty Oilfield Services Company Profile

Analyst Recommendations for Liberty Oilfield Services (NYSE:LBRT)

Receive News & Ratings for Liberty Oilfield Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Oilfield Services and related companies with MarketBeat.com's FREE daily email newsletter.