Expro Group (NYSE:XPRO) Given New $22.50 Price Target at Piper Sandler

Expro Group (NYSE:XPROGet Rating) had its price objective upped by research analysts at Piper Sandler from $20.50 to $22.50 in a report issued on Monday, The Fly reports. Piper Sandler’s price target points to a potential upside of 21.29% from the company’s previous close.

Separately, Zacks Investment Research raised Expro Group from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Friday, March 11th.

Shares of NYSE XPRO opened at $18.55 on Monday. The firm has a market cap of $2.03 billion, a PE ratio of -8.21 and a beta of 1.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.31 and a quick ratio of 1.93. The firm has a fifty day moving average of $16.59. Expro Group has a fifty-two week low of $11.74 and a fifty-two week high of $24.27.

In other news, Director D. Keith Mosing sold 35,000 shares of the business’s stock in a transaction on Tuesday, March 15th. The stock was sold at an average price of $16.00, for a total transaction of $560,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.00% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Expro Group during the 4th quarter worth $29,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Expro Group in the 4th quarter valued at about $37,000. ProShare Advisors LLC bought a new stake in shares of Expro Group in the 4th quarter valued at about $147,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Expro Group in the 4th quarter valued at about $148,000. Finally, Strs Ohio bought a new stake in shares of Expro Group in the 4th quarter valued at about $154,000.

Expro Group Company Profile (Get Rating)

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity services.

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