Expro Group (NYSE:XPRO) Now Covered by Wells Fargo & Company

Wells Fargo & Company assumed coverage on shares of Expro Group (NYSE:XPRO) in a report issued on Tuesday morning, Marketbeat.com reports. The brokerage issued an overweight rating and a $12.00 target price on the stock.

A number of other research analysts also recently weighed in on XPRO. Barclays lowered their target price on Expro Group from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Wednesday, May 7th. The Goldman Sachs Group lowered their target price on Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th.

Expro Group Trading Up 4.8%

Shares of NYSE:XPRO opened at $8.23 on Tuesday. The company has a market cap of $949.67 million, a P/E ratio of 58.79, a PEG ratio of 1.28 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. Expro Group has a 1 year low of $6.70 and a 1 year high of $24.50. The stock’s fifty day moving average price is $8.52 and its 200-day moving average price is $11.21.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC raised its stake in shares of Expro Group by 732.6% in the first quarter. Jane Street Group LLC now owns 421,163 shares of the company’s stock worth $4,186,000 after buying an additional 370,579 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Expro Group by 17.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company’s stock valued at $2,811,000 after purchasing an additional 42,203 shares during the period. Goldman Sachs Group Inc. raised its stake in Expro Group by 47.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company’s stock valued at $8,982,000 after purchasing an additional 292,198 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Expro Group during the 1st quarter valued at approximately $954,000. Finally, Petrus Trust Company LTA raised its stake in Expro Group by 54.8% during the 1st quarter. Petrus Trust Company LTA now owns 49,058 shares of the company’s stock valued at $488,000 after purchasing an additional 17,366 shares during the period. Institutional investors own 92.07% of the company’s stock.

Expro Group Company Profile

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 solutions.