Forum Energy Technologies (FET) Given a $13.00 Price Target by Cowen Analysts

Lloyd Doyle
January 13, 2018

Also, the Hold rating count is 2 as of 01/11/18. The firm earned "Buy" rating on Monday, November 13 by Robert W. Baird. On Tuesday, February 16 the stock rating was maintained by Howard Weil with "Sector Perform". As per Thursday, August 10, the company rating was maintained by Craig Hallum. The stock has "Buy" rating by Bank of America on Tuesday, May 24. (FET), there were 12 new positions totaling 7,007,163 shares of the company's stock. The stock of Vantiv, Inc. KLR Group has "Buy" rating and $19 target. (NYSE:FET) is a huge mover today! Forum Energy Technologies has a 1-year low of $10.05 and a 1-year high of $26.25.

Returns and Valuations for Forum Energy Technologies, Inc. The stock increased 0.29% or $0.05 during the last trading session, reaching $17.35. About 645,182 shares traded.

Ratings analysis reveals 25% of Forum Energy Tech.'s analysts are positive. (NYSE:FET) is performing 11.25%.

Investors sentiment decreased to 1.34 in 2017 Q3.

A number of institutional investors have recently added to or reduced their stakes in FET. (NYSE:FET) for 1,844 shares. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Moreover, Hennessy Advisors Inc has 1.36% invested in the company for 1.69 million shares. Miller Howard Inc New York reported 355,951 shares. Caisse De Depot Et Placement Du Quebec has invested 0.01% in Vantiv, Inc. (NYSE:RFP) closed up +0.35 points or 3.11% at $11.6 with 0.48 mln shares exchanging hands. (NYSE:VNTV). Susquehanna International Group Llp owns 44,765 shares. Barclays Public Ltd Co reported 0% stake. Parnassus Investments Ca owns 15.70 million shares or 1.67% of their U.S. portfolio. Advsr Asset Management reported 0.05% of its portfolio in Vantiv, Inc. Oppenheimer Asset Mgmt owns 1,775 shares for 0% of their portfolio. The total amount of shares outstanding is 108.10 million, giving the company a market capitalization of about 1.87 billion. About 780,177 shares traded. (MDU) has risen 22.88% since January 13, 2017 and is uptrending. Therefore 19% are positive. Deutsche Bank assumed coverage on Forum Energy Technologies in a report on Tuesday, October 10th. The stock's average target of $20 is 15.27% above today's ($17.35) share price. On Monday, July 18 the stock rating was upgraded by Credit Suisse to "Outperform". Zacks Investment Research, Inc.is based in Chicago, Illinois and was founded in 1978. The stock has "Sell" rating by Zacks on Friday, August 14.


Montgomery Investment Management Inc holds 2.21% of its portfolio in MDU Resources Group, Inc. for 191,406 shares. The stock of Forum Energy Technologies, Inc. These figures suggest that FET ventures generate a higher ROI than that of FSNN. Its down 0.87, from 2.21 in 2017Q2.

The average Wall Street analyst rating for Forum Energy Technologies, Inc.is Hold, according to the average of 12 analyst scores. 15 funds opened positions while 52 raised stakes. Aperio Group LLC bought a new position in shares of Forum Energy Technologies during the second quarter valued at approximately $200,000. (NYSE:FET) or 952 shares. Citigroup has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET) for 30,500 shares. Vaughan Nelson Investment Management L.P. boosted its holdings in Forum Energy Technologies by 96.4% in the third quarter. (NYSE:FET) for 611,702 shares. Average volume has an effect on the price of the security.

Analysts await MDU Resources Group, Inc.

Shares of Forum Energy Technologies (FET) traded up $0.40 during midday trading on Monday, hitting $16.60. (NYSE:FET). 8,323 were accumulated by Qs Ltd Liability Corp. Round Table Service Lc has invested 0.75% in Forum Energy Technologies, Inc. Dimensional Fund Advisors LP increased its position in shares of Forum Energy Technologies by 9.1% during the 2nd quarter. (NYSE:FET). Citigroup Inc invested in 0% or 29,503 shares. The Texas-based Energy Opportunities Capital Management Llc has invested 2.4% in the stock. Cowen & Co maintained Forum Energy Technologies, Inc. (NYSE:FET). Loomis Sayles L P reported 768,420 shares. Bank of New York Mellon Corp grew its holdings in shares of Forum Energy Technologies by 10.5% during the second quarter. The company has market cap of $1.86 billion. It operates through two segments: Drilling & Subsea, and Production & Infrastructure. It now has negative earnings. The Company designs, manufactures and distributes products, and engages in aftermarket services, parts supply and related services.

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