Analysts at Morgan Stanley Reconfirmed their Past ‘”Overweight”’ rating on Shares Weatherford International PLC (NYSE:WFT), Set a $5 PT

November 15, 2017 - By Adrian Erickson

 Analysts at Morgan Stanley Reconfirmed their Past ‘

Investors sentiment decreased to 1.11 in 2017 Q2. Its down 0.63, from 1.74 in 2017Q1. It dropped, as 59 investors sold Weatherford International Plc shares while 88 reduced holdings. 57 funds opened positions while 106 raised stakes. 1.09 billion shares or 1.61% more from 1.07 billion shares in 2017Q1 were reported.

11,080 were reported by Montgomery Inv Mngmt Inc. Fifth Third Bancshares holds 420 shares or 0% of its portfolio. Jefferies Gru Ltd Liability Com invested 0.02% in Weatherford International Plc (NYSE:WFT). Tph Asset Limited Co has invested 2.13% in Weatherford International Plc (NYSE:WFT). First Allied Advisory Serv invested in 43,312 shares or 0.01% of the stock. Livforsakringsbolaget Skandia Omsesidigt holds 17,742 shares or 0.01% of its portfolio. Howard Hughes Institute holds 0.11% in Weatherford International Plc (NYSE:WFT) or 162,663 shares. Keybank National Association Oh reported 11,974 shares. Natl Bank Of America Corp De has invested 0.01% in Weatherford International Plc (NYSE:WFT). Balyasny Asset Management Ltd Liability owns 13.16M shares or 0.21% of their US portfolio. Guggenheim Cap Ltd Liability Corp holds 39,112 shares. Bluefin Trading Limited Liability Corp reported 11,845 shares stake. Connecticut-based Corecommodity has invested 0.08% in Weatherford International Plc (NYSE:WFT). Blair William And Il stated it has 0% of its portfolio in Weatherford International Plc (NYSE:WFT). Cibc Asset Mngmt Incorporated holds 0% or 13,442 shares.

Weatherford International PLC (NYSE:WFT) Rating Reaffirmed

New York: In a report issued to clients and investors on Thursday, 2 November, Morgan Stanley maintained their “Overweight” rating on Weatherford International PLC (NYSE:WFT) shares. They now have a $5 TP on the firm. Morgan Stanley’s target indicates a potential upside of 43.27 % from the company’s stock close price.

Investors sentiment decreased to 1.11 in 2017 Q2. Its down 0.63, from 1.74 in 2017Q1. It dropped, as 59 investors sold Weatherford International Plc shares while 88 reduced holdings. 57 funds opened positions while 106 raised stakes. 1.09 billion shares or 1.61% more from 1.07 billion shares in 2017Q1 were reported.

11,080 were reported by Montgomery Inv Mngmt Inc. Fifth Third Bancshares holds 420 shares or 0% of its portfolio. Jefferies Gru Ltd Liability Com invested 0.02% in Weatherford International Plc (NYSE:WFT). Tph Asset Limited Co has invested 2.13% in Weatherford International Plc (NYSE:WFT). First Allied Advisory Serv invested in 43,312 shares or 0.01% of the stock. Livforsakringsbolaget Skandia Omsesidigt holds 17,742 shares or 0.01% of its portfolio. Howard Hughes Institute holds 0.11% in Weatherford International Plc (NYSE:WFT) or 162,663 shares. Keybank National Association Oh reported 11,974 shares. Natl Bank Of America Corp De has invested 0.01% in Weatherford International Plc (NYSE:WFT). Balyasny Asset Management Ltd Liability owns 13.16M shares or 0.21% of their US portfolio. Guggenheim Cap Ltd Liability Corp holds 39,112 shares. Bluefin Trading Limited Liability Corp reported 11,845 shares stake. Connecticut-based Corecommodity has invested 0.08% in Weatherford International Plc (NYSE:WFT). Blair William And Il stated it has 0% of its portfolio in Weatherford International Plc (NYSE:WFT). Cibc Asset Mngmt Incorporated holds 0% or 13,442 shares.

Weatherford International Plc (NYSE:WFT) Ratings Coverage

Among 31 analysts covering Weatherford International Ltd. (NYSE:WFT), 24 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Weatherford International Ltd. has $20 highest and $4.2 lowest target. $7.51’s average target is 115.19% above currents $3.49 stock price. Weatherford International Ltd. had 99 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley maintained Weatherford International Plc (NYSE:WFT) rating on Thursday, November 2. Morgan Stanley has “Overweight” rating and $5 target. The stock has “Outperform” rating by Wells Fargo on Monday, March 27. As per Thursday, July 6, the company rating was downgraded by Bernstein. BMO Capital Markets maintained Weatherford International Plc (NYSE:WFT) rating on Wednesday, June 21. BMO Capital Markets has “Buy” rating and $700 target. The rating was upgraded by Guggenheim to “Buy” on Friday, July 24. On Thursday, August 3 the stock rating was maintained by BMO Capital Markets with “Outperform”. The rating was maintained by Howard Weil with “Sector Perform” on Thursday, October 27. Imperial Capital initiated Weatherford International Plc (NYSE:WFT) on Friday, June 24 with “In-Line” rating. The rating was maintained by Jefferies on Thursday, October 5 with “Hold”. On Friday, July 28 the stock rating was maintained by Piper Jaffray with “Buy”.

About 30,101 shares traded. Weatherford International Plc (NYSE:WFT) has risen 2.15% since November 15, 2016 and is uptrending. It has underperformed by 14.55% the S&P500.

Analysts expect Weatherford International Plc (NYSE:WFT) to report $-0.20 EPS on February, 7.They anticipate $0.12 EPS change or 37.50 % from last quarter’s $-0.32 EPS. After having $-0.22 EPS previously, Weatherford International Plc’s analysts see -9.09 % EPS growth.

More important recent Weatherford International Plc (NYSE:WFT) news were published by: Prnewswire.com which released: “Weatherford Expects 2017 OneStim Transaction Closing” on October 24, 2017, also Investorplace.com published article titled: “Monday’s Vital Data: Micron Technology, Inc. (MU), Weatherford International …”, Nasdaq.com published: “Weatherford International (WFT) in Focus: Stock Moves 5.8% Higher” on November 02, 2017. More interesting news about Weatherford International Plc (NYSE:WFT) was released by: Seekingalpha.com and their article: “Weatherford International Plc (WFT) Q3 2017 Results – Earnings Call Transcript” with publication date: November 01, 2017.

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