Jefferies Reiterates Their Hold Rating on Frank’s International

By Jason Carr

Jefferies analyst Brad Handler reiterated a Hold rating on Frank’s International (NYSE: FI) on July 10 and set a price target of $7. The company’s shares closed yesterday at $8.43.

Handler has an average return of 19.7% when recommending Frank’s International.

According to TipRanks.com, Handler is ranked #4715 out of 4842 analysts.

The the analyst consensus on Frank’s International is currently a Hold rating.

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The company has a one-year high of $9.15 and a one-year low of $4.93. Currently, Frank’s International has an average volume of 973.6K.

Based on the recent corporate insider activity of 115 insiders, corporate insider sentiment is negative on the stock.

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Frank’s International NV engages in the provision of tubular services to oil and gas industries. It operates through the following segments: International Services, U.S. Services, Tubular Sales, and Blackhawk. The International Services segment includes tubular services in international offshore markets and in several onshore international regions.