Frank’s International N.V. found using ticker (FI) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 7 and 4 calculating the average target price we see 4.9. With the stocks previous close at 3.25 this would imply there is a potential upside of 50.8%. The 50 day MA is 2.83 and the 200 moving average now moves to 3.35. The market cap for the company is $681m. You can visit the company’s website by visiting: http://franksinternational.com
Frank’s International N.V., together with its subsidiaries, provides various engineered tubular services for the oil and gas exploration and production, and oilfield services companies in the United States, Europe, the Middle East, Africa, Latin America, the Asia Pacific, and internationally. It operates through three segments: Tubular Running Services, Tubulars, and Cementing Equipment. The company provides tubular running services; and specialized equipment, services, and products utilized in the construction, completion, and abandonment of the wellbore in onshore and offshore environments. Its tubular services include the handling and installation of multiple joints of pipe to establish a cased wellbore; and the installation of smaller diameter pipe inside a cased wellbore to provide a conduit for produced oil and gas to reach the surface. The company also designs, manufactures, and sells outside diameter (OD) pipes, connectors, and casing attachments; and provides specialized fabrication and welding services in support of deep water projects, including drilling and production risers, flowlines and pipeline end terminations, and long length tubulars for use as caissons or pilings. In addition, it offers specialty well construction and well intervention services and products; and distributes OD pipes manufactured by third parties. Frank’s International N.V. was founded in 1938 and is headquartered in Den Helder, the Netherlands.