Dril-Quip Inc has a consensus price target of $20.33 based on the ratings of 9 analysis. The 3 most-recent analyst ratings were released by Barclays, Barclays, and Evercore ISI Group on May 14, 2024, February 29, 2024, and February 28, 2024, respectively. With an average price target of $27.67 between Barclays, Barclays, and Evercore ISI Group, there's an implied 55.52% upside for Dril-Quip Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/14/2024 | Buy Now | 18.04% | Barclays | David Anderson | $22 → $21 | Maintains | Underweight | Get Alert |
02/29/2024 | Buy Now | 23.66% | Barclays | David Anderson | $23 → $22 | Maintains | Underweight | Get Alert |
02/28/2024 | Buy Now | 124.85% | Evercore ISI Group | James West | $44 → $40 | Maintains | Outperform | Get Alert |
11/02/2023 | Buy Now | 29.29% | Barclays | David Anderson | $26 → $23 | Maintains | Underweight | Get Alert |
08/03/2023 | Buy Now | 46.15% | Barclays | David Anderson | $25 → $26 | Maintains | Underweight | Get Alert |
05/12/2023 | Buy Now | 40.53% | Barclays | David Anderson | $27 → $25 | Maintains | Underweight | Get Alert |
03/02/2023 | Buy Now | 51.77% | Barclays | David Anderson | $23 → $27 | Maintains | Underweight | Get Alert |
03/14/2022 | Buy Now | — | Tudor Pickering | Taylor Zurcher | — | Downgrade | Buy → Hold | Get Alert |
11/03/2021 | Buy Now | 18.04% | Barclays | David Anderson | — | Maintains | Underweight | Get Alert |
The latest price target for Dril-Quip (NYSE:DRQ) was reported by Barclays on May 14, 2024. The analyst firm set a price target for $21.00 expecting DRQ to rise to within 12 months (a possible 18.04% 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 May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
While ratings are subjective and will change, the latest Dril-Quip (DRQ) rating was a maintained with a price target of $22.00 to $21.00. The current price Dril-Quip (DRQ) is trading at is $17.79, which is out of the analyst’s predicted range.
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