Civeo Corp Price Target Increased to $26.00 by Analysts at Howard Weil (CVEO)
Investment analysts at Howard Weil raised their price target on shares of Civeo Corp (NASDAQ:CVEO) from $25.00 to $26.00 in a note issued to investors on Wednesday. The firm currently has a “sector perform” rating on the stock. Howard Weil’s price objective suggests a potential upside of 3.17% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sterne Agee initiated coverage on shares of Civeo Corp in a research note on Tuesday, June 3rd. They set a “neutral” rating on the stock. Analysts at Susquehanna initiated coverage on shares of Civeo Corp in a research note on Tuesday, June 3rd. They set a “positive” rating and a $28.00 price target on the stock.
Shares of Civeo Corp (NASDAQ:CVEO) opened at 25.20 on Wednesday. Civeo Corp has a 1-year low of $22.46 and a 1-year high of $28.40. The stock has a 50-day moving average of $24. and a 200-day moving average of $24.. The company has a market cap of $2.690 billion and a price-to-earnings ratio of 17.60.
Civeo Corporation is a wholly owned subsidiary of Oil States International, Inc The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.
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