PATTERSON-UTI ENERGY INC (PTEN)
US7034811015 - Common Stock
ChartMill assigns a Buy % Consensus number of 81% to PTEN. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 16.56. This target is 47.2% above the current price.
PTEN was analyzed by 25 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about PTEN.
In the previous month the buy percentage consensus was at a similar level.
PTEN was analyzed by 25 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-15 | B of A Securities | Maintains | Buy -> Buy |
| 2024-04-08 | Susquehanna | Maintains | Positive -> Positive |
| 2024-04-01 | Susquehanna | Maintains | Positive -> Positive |
| 2024-02-20 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2024-02-16 | RBC Capital | Maintains | Outperform -> Outperform |
| 2024-02-16 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2024-01-16 | Benchmark | Downgrade | Buy -> Hold |
| 2023-12-19 | Goldman Sachs | Initiate | Neutral |
| 2023-11-14 | Barclays | Maintains | Overweight -> Overweight |
| 2023-11-13 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-11-09 | RBC Capital | Maintains | Outperform -> Outperform |
| 2023-11-09 | Susquehanna | Maintains | Positive -> Positive |
| 2023-11-09 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2023-10-17 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |
| 2023-10-16 | B of A Securities | Upgrade | Neutral -> Buy |
| 2023-10-09 | Citigroup | Upgrade | Neutral -> Buy |
| 2023-10-02 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2023-09-06 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2023-09-06 | Susquehanna | Reiterate | Positive -> Positive |
| 2023-09-05 | Stifel | Initiate | Buy |
| 2023-08-01 | Morgan Stanley | Reiterate | Overweight -> Overweight |
| 2023-07-31 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2023-07-31 | Benchmark | Reiterate | Buy -> Buy |
| 2023-07-31 | Morgan Stanley | Reiterate | Overweight -> Overweight |
| 2023-07-31 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-07-27 | Benchmark | Reiterate | Buy -> Buy |
| 2023-07-19 | Benchmark | Upgrade | Hold -> Buy |
| 2023-07-18 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-07-17 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2023-07-10 | RBC Capital | Upgrade | Sector Perform -> Outperform |