BMO Capital Keeps Their Hold Rating on Superior Energy

By Austin Angelo

BMO Capital analyst Daniel Boyd reiterated a Hold rating on Superior Energy (NYSE: SPN) on October 11 and set a price target of $10. The company’s shares closed yesterday at $10.26.

According to TipRanks.com, Boyd is a 2-star analyst with an average return of 0.8% and a 52.2% success rate. Boyd covers the Basic Materials sector, focusing on stocks such as Baker Hughes a GE company, Diamond Offshore Drilling, and Oil States International.

Currently, the analyst consensus on Superior Energy is Moderate Buy and the average price target is $13.76, representing a 34.1% upside.

In a report issued on October 5, Jefferies also reiterated a Hold rating on the stock with a $13 price target.

The company has a one-year high of $19.39 and a one-year low of $7.91. Currently, Superior Energy has an average volume of 3.8M.

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Superior Energy Services, Inc. provides oilfield services and equipment. It offers drilling, completion and production-related services worldwide through drilling products and well intervention services and tools.