FTS International Inc (FTSI) Gets a Buy Rating from Morgan Stanley

By Carrie Williams

In a report released today, Connor Lynagh from Morgan Stanley maintained a Buy rating on FTS International Inc (FTSIResearch Report), with a price target of $4.00. The company’s shares closed last Monday at $2.03, close to its 52-week low of $1.93.

According to TipRanks.com, Lynagh ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -14.8% and a 25.6% success rate. Lynagh covers the Basic Materials sector, focusing on stocks such as Independence Contract Drilling, Diamond Offshore Drilling, and Oil States International.

FTS International Inc has an analyst consensus of Hold, with a price target consensus of $3.69.

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FTS International Inc’s market cap is currently $220.2M and has a P/E ratio of 8.13. The company has a Price to Book ratio of 3.80.

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FTS International, Inc. engages in the provision of oil and natural gas well completion services. Its services include pressure pumping, wire line and perforating, reservoir optimization, and equipment manufacturing. The company was founded in 2002 and is headquartered in Fort Worth, TX.