Frank s International Coverage Initiated at Citigroup Inc. (FI)
Equities research analysts at Citigroup Inc. initiated coverage on shares of Frank s International (NYSE:FI) in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Separately, analysts at UBS AG initiated coverage on shares of Frank s International (NYSE:FI) in a research note to investors on Wednesday. They set a “buy” rating on the stock.
Shares of Frank s International (NYSE:FI) opened at 28.10 on Wednesday. Frank s International has a 52 week low of $25.76 and a 52 week high of $28.90. The stock has a 50-day moving average of $27.55 and a 200-day moving average of $27.55. The company has a market cap of $4.188 billion and a price-to-earnings ratio of 3.95.
Frank s International (NYSE:FI) last announced its earnings results on Wednesday, September 18th. The company reported $0.85 earnings per share (EPS) for the quarter. The company had revenue of $292.98 million for the quarter, compared to the consensus estimate of $262.69 million.
Frank s International NV is a Netherlands-based company. It provides a broad and comprehensive range of tubular technologies to the oil and gas industry.
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