Superior Energy (NYSE:SPN) with $5.50 Target Got Analyzed By Goldman.

Superior Energy Services, Inc. (NYSE:SPN) Corporate Logo

During Q4 2018 the big money sentiment increased to 1.01. That’s change of 0.10, from 2018Q3’s 0.91. 35 investors sold all, 65 reduced holdings as Superior Energy Services, Inc. ratio improved. 62 grew positions while 39 funds acquired positions. Funds hold 155.77 million shares thus 3.18% more from 2018Q3’s 150.97 million shares.

State Street accumulated 5.96M shs or 0% of the stock. Amalgamated National Bank & Trust stated it has 0% in Superior Energy Services, Inc. (NYSE:SPN). California State Teachers Retirement Systems reported 240,273 shs or 0% of all its holdings. Tiaa Cref Invest Management Lc stated it has 0% in Superior Energy Services, Inc. (NYSE:SPN). Susquehanna International Group Ltd Liability Partnership reported 77,765 shs. Point72 Asset Management Lp owns 325,400 shs or 0.01% of their US capital. Tradewinds Capital Management Lc, a Washington-based fund reported 566 shs. Cubist Systematic Strategies Limited has invested 0% in Superior Energy Services, Inc. (NYSE:SPN). Federated Investors Pa holds 0.01% of its capital in Superior Energy Services, Inc. (NYSE:SPN) for 1.60M shs. Virtu Ltd Limited Liability Company holds 27,821 shs. Thrivent Financial For Lutherans reported 109,416 shs. Amg National Natl Bank accumulated 131,808 shs or 0.03% of the stock. D E Shaw And Incorporated has invested 0.02% in Superior Energy Services, Inc. (NYSE:SPN). Huber Management Lc stated it has 680,450 shs or 0.21% of all its holdings. Shine Invest Advisory has invested 0% in Superior Energy Services, Inc. (NYSE:SPN).

Superior Energy Services, Inc. registered $680,625 net activity with 6 buys and 0 insider sales since October 24, 2018. Moore Brian K also bought $280,700 worth of Superior Energy Services, Inc. (NYSE:SPN) on Thursday, December 13. Ballard Westervelt T. JR also bought $30,729 worth of Superior Energy Services, Inc. (NYSE:SPN) shs. On Wednesday, December 12 the insider Bouillion Harold J bought $84,350. On Thursday, November 1 a trade for 5,000 shs valued at $39,875 was made by FUNK JAMES M.

What Price Target Has Goldman Given Superior Energy (NYSE:SPN)

Today an analyst report was shared with investors, in which Goldman analyst has initiated coverage of Superior Energy (NYSE:SPN) with Neutral rating. The Equities researchers give $5.50 target price which would suggest upside potential of 29.72 % on SPN’s shares.

Superior Energy Services, Inc. (NYSE:SPN) Ratings Coverage

A total of 12 analysts rate Superior Energy Services (NYSE:SPN) as follows: 2 “Buy”, 7 “Hold” and 3 “Sell”. ?herefore 17% are bullish. The firm has $13 highest and $3 lowest target. The avg target $7.25 is 70.99% above the last ($4.24) price. (NYSE:SPN) has 15 ratings reports on Mar 12, 2019 according to StockzIntelligence. In Wednesday, October 24 report BMO Capital Markets maintained it with “Market Perform” rating and $10 target. In Wednesday, February 20 report RBC Capital Markets maintained the stock with “Hold” rating. On Wednesday, January 16 the firm has “Equal-Weight” rating by Capital One given. On Tuesday, February 19 Raymond James maintained Superior Energy Services, Inc. (NYSE:SPN) rating. Raymond James has “Buy” rating and $9 target. On Monday, December 3 the stock of Superior Energy Services, Inc. (NYSE:SPN) has “Underperform” rating given by Bank of America. On Monday, September 17 the firm has “Neutral” rating given by JP Morgan. On Thursday, December 13 the firm has “Market Outperform” rating given by Raymond James. On Friday, February 22 Cowen & Co maintained the shares of SPN in report with “Hold” rating. On Thursday, October 18 the firm has “Neutral” rating by Cleveland given. On Thursday, January 10 the rating was downgraded by Jefferies to “Underperform”.

SPN hit $4.24 during the last trading session after $0.15 change.Currently Superior Energy Services, Inc. is downtrending after 42.52% change in last March 12, 2018. SPN has 1.80M shares volume. SPN underperformed the S&P500 by 46.89%.

On April, 23 WallStreet expected Superior Energy Services, Inc. (NYSE:SPN)’s earnings release, according to RTT. Analysts predict $-0.25 EPS. That’s $0.09 up or 26.47 % from 2018’s earnings of $-0.34. 25.00 % negative EPS growth is what Wall Street’s predicts after $-0.20 reported EPS last quarter.

Superior Energy Services, Inc. provides oilfield services and equipment to oil and natural gas exploration and production companies in the United States, the Gulf of Mexico, and internationally.The firm is valued at $661.15 million. The firm operates in four divisions: Drilling Products and Services, Onshore Completion and Workover Services, Production Services, and Technical Solutions.Currently it has negative earnings. The Drilling Products and Services segment rents downhole drilling tools and surfaces; tubulars, such as primary drill pipe strings, landing strings, completion tubulars, and associated accessories; and temporary onshore and offshore accommodation modules and accessories, as well as makes and rents bottom hole tools, including stabilizers, non-magnetic drill collars, and hole openers.

For more Superior Energy Services, Inc. (NYSE:SPN) news brought out briefly go to: Fool.com, Benzinga.com, Seekingalpha.com, Benzinga.com or Benzinga.com. The titles are as follows: “Why Intercept Pharmaceuticals, PG&E, and Superior Energy Services Jumped Today – Motley Fool” brought out on February 19, 2019, “Mid-Afternoon Market Update: Jeld-Wen Rises On Earnings Beat; Pernix Therapeutics Shares Tumble – Benzinga” on February 19, 2019, “Microcaps dominate midday movers – Seeking Alpha” with a publish date: February 19, 2019, “54 Stocks Moving In Wednesday’s Mid-Day Session – Benzinga” and the last “71 Biggest Movers From Yesterday – Benzinga” with publication date: February 20, 2019.

Superior Energy Services, Inc. (NYSE:SPN) Institutional Investors Chart

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