Dril-Quip Inc has a consensus price target of $20.67, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Evercore ISI Group, and Barclays on February 29, 2024, February 28, 2024, and November 2, 2023. With an average price target of $28.33 between Barclays, Evercore ISI Group, and Barclays, there's an implied 42.67% upside for Dril-Quip Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/29/2024 | DRQ | Buy Now | Dril-Quip | $19.86 | 10.78% | Barclays | David Anderson | $23 → $22 | Maintains | Underweight | Get Alert |
02/28/2024 | DRQ | Buy Now | Dril-Quip | $19.86 | 101.41% | Evercore ISI Group | James West | $44 → $40 | Maintains | Outperform | Get Alert |
11/02/2023 | DRQ | Buy Now | Dril-Quip | $19.86 | 15.81% | Barclays | David Anderson | $26 → $23 | Maintains | Underweight | Get Alert |
08/03/2023 | DRQ | Buy Now | Dril-Quip | $19.86 | 30.92% | Barclays | David Anderson | $25 → $26 | Maintains | Underweight | Get Alert |
05/12/2023 | DRQ | Buy Now | Dril-Quip | $19.86 | 25.88% | Barclays | David Anderson | $27 → $25 | Maintains | Underweight | Get Alert |
03/02/2023 | DRQ | Buy Now | Dril-Quip | $19.86 | 35.95% | Barclays | David Anderson | $23 → $27 | Maintains | Underweight | Get Alert |
03/14/2022 | DRQ | Buy Now | Dril-Quip | $19.86 | — | Tudor Pickering | Taylor Zurcher | — | Downgrade | Buy → Hold | Get Alert |
11/03/2021 | DRQ | Buy Now | Dril-Quip | $19.86 | 5.74% | Barclays | David Anderson | — | Maintains | Underweight | Get Alert |
The latest price target for Dril-Quip (NYSE: DRQ) was reported by Barclays on February 29, 2024. The analyst firm set a price target for $22.00 expecting DRQ to rise to within 12 months (a possible 10.78% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Dril-Quip (NYSE: DRQ) was provided by Barclays, and Dril-Quip maintained their underweight rating.
There is no last upgrade for Dril-Quip.
The last downgrade for Dril-Quip Inc happened on March 14, 2022 when Tudor Pickering changed their price target from N/A to N/A for Dril-Quip Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dril-Quip, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dril-Quip was filed on February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
While ratings are subjective and will change, the latest Dril-Quip (DRQ) rating was a maintained with a price target of $23.00 to $22.00. The current price Dril-Quip (DRQ) is trading at is $19.86, which is out of the analyst’s predicted range.
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