Tag: Cliffs Natural Resources Inc

  • Basic material Gainers: Cliffs Natural Resources (NYSE:CLF), Patterson-UTI Energy (NASDAQ:PTEN), Nabors Industries (NYSE:NBR), Companhia Siderurgica Nacional (ADR) (NYSE:SID)

    Deutsche Bank upgraded shares of Cliffs Natural Resources (NYSE:CLF) from a hold rating to a buy rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has $27.00 price target on the stock, up from their previous price target of $22.00. Cliffs Natural Resources Inc (NYSE:CLF) stock opened at $19.41 in last trading session, and closed at $20.81, trading in the range of $19.37 – $20.84. The stock showed a positive/negative weekly performance of 8.05%.

    Patterson-UTI Energy (NASDAQ:PTEN) announced its earnings results on Thursday. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.11, American Banking & Market News reports. The company had revenue of $659.00 million for the quarter, compared to the consensus estimate of $654.60 million. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares closed at $27.87 on last trade day, by gaining 13.38%. Stock 52 week range is $18.83 – $28.25. Company’s market capitalization is $4.02 billion.

    Nabors Industries (NYSE:NBR)‘s stock had its “neutral” rating reiterated by investment analysts at Guggenheim in a note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a $16.00 price objective on the stock, down from their previous price objective of $18.00. Guggenheim’s price target points to a potential downside of 6.05% from the company’s current price. Nabors Industries Ltd. (NYSE:NBR) stock advanced 5.42% and finished the last session at $17.49. The EPS of the stock remained 0.52. Company’s market capitalization is $5.26 billion.

    Companhia Siderurgica Nacional (ADR) (NYSE:SID) average recommendation is Underweight with average Target Price of $5.15. Companhia Siderurgica Nacional (ADR) (NYSE:SID) stock opened at $4.69 in last trading session and closed at $4.85. The 52 week range of the stock is $2.38 – $6.29 and the day range was $4.68 – $4.90.