This is what analysts have to say about Newpark Resources, Inc. (NYSE:NR) after last week.

January 20, 2018 - By Adrian Mccoy

 This is what analysts have to say about Newpark Resources, Inc. (NYSE:NR) after last week.
Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.17, from 1.14 in 2017Q2. It dived, as 18 investors sold Newpark Resources, Inc. shares while 57 reduced holdings. 28 funds opened positions while 45 raised stakes. 87.91 million shares or 0.11% more from 87.81 million shares in 2017Q2 were reported.
Strs Ohio holds 0% of its portfolio in Newpark Resources, Inc. (NYSE:NR) for 83,900 shares. Geode Management Lc reported 728,253 shares. Blackrock owns 11.87M shares or 0.01% of their US portfolio. Clinton Grp Inc holds 0.02% in Newpark Resources, Inc. (NYSE:NR) or 14,839 shares. Parkside Bancshares Trust stated it has 663 shares. Swiss National Bank & Trust has 148,600 shares. Adage Partners Grp Ltd Co owns 142,577 shares. State Of New Jersey Common Pension Fund D stated it has 0% in Newpark Resources, Inc. (NYSE:NR). 258,656 are held by Parametric Port Assocs. Jpmorgan Chase holds 0% or 269,685 shares. Chicago Equity Partners Limited Liability Company has invested 0.07% in Newpark Resources, Inc. (NYSE:NR). Heartland Advsrs Inc has 0.52% invested in Newpark Resources, Inc. (NYSE:NR). Piedmont Invest Limited has invested 0% in Newpark Resources, Inc. (NYSE:NR). Goldman Sachs Grp Incorporated has 0% invested in Newpark Resources, Inc. (NYSE:NR) for 829,800 shares. Bluecrest Capital owns 27,038 shares for 0.01% of their portfolio.

Since August 1, 2017, it had 0 insider buys, and 1 sale for $344,726 activity.

Newpark Resources, Inc. (NYSE:NR) Ratings Coverage

Among 6 analysts covering Newpark Resources (NYSE:NR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Newpark Resources had 13 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Newpark Resources, Inc. (NYSE:NR) earned “Market Perform” rating by Cowen & Co on Thursday, January 19. Cowen & Co maintained Newpark Resources, Inc. (NYSE:NR) rating on Friday, July 7. Cowen & Co has “Hold” rating and $800 target. Cowen & Co maintained Newpark Resources, Inc. (NYSE:NR) rating on Friday, October 6. Cowen & Co has “Hold” rating and $9.0 target. The stock has “Overweight” rating by Capital One on Wednesday, June 15. On Thursday, January 11 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating by Tudor Pickering given on Monday, May 2. On Wednesday, June 1 the stock rating was upgraded by Credit Suisse to “Outperform”. The company was reinitiated on Monday, July 18 by Credit Suisse. The rating was upgraded by Loop Capital to “Buy” on Thursday, January 5. The firm has “Buy” rating by SunTrust given on Thursday, November 2. Below is a list of Newpark Resources, Inc. (NYSE:NR) latest ratings and price target changes.

11/01/2018 Broker: Cowen & Co Rating: Hold New Target: $10.0 Maintain
02/11/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
06/10/2017 Broker: Cowen & Co Rating: Hold New Target: $9.0 Maintain

The stock increased 1.62% or $0.15 during the last trading session, reaching $9.4. About 242,898 shares traded. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since January 20, 2017 and is uptrending. It has outperformed by 68.49% the S&P500.

Newpark Resources, Inc., together with its subsidiaries, provides services and products primarily to the gas and oil exploration and production industry. The company has market cap of $838.83 million. The firm operates through two divisions, Fluids Systems and Mats and Integrated Services. It has a 247.37 P/E ratio. The Fluids Systems segment offers drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, including horizontal, directional, geologically deep, or deep water drilling.

More news for Newpark Resources, Inc. (NYSE:NR) were recently published by: Prnewswire.com, which released: “Newpark Resources Announces Fourth Quarter 2017 Earnings Release And …” on January 05, 2018. Prnewswire.com‘s article titled: “What’s Happening With These Oil & Gas Stocks? — Recon Technology, Newpark …” and published on January 08, 2018 is yet another important article.

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