Expro Group (NYSE:XPRO) Given New $12.00 Price Target at The Goldman Sachs Group

Expro Group (NYSE:XPRO) had its target price dropped by equities research analysts at The Goldman Sachs Group from $17.00 to $12.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. The Goldman Sachs Group’s target price indicates a potential upside of 50.66% from the company’s current price.

Separately, Barclays lowered their price objective on Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th.

Expro Group Price Performance

Shares of XPRO stock opened at $7.97 on Thursday. Expro Group has a twelve month low of $6.70 and a twelve month high of $24.50. The company has a market capitalization of $926.95 million, a PE ratio of 56.90, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $10.91 and a 200-day simple moving average of $12.87.

Institutional Trading of Expro Group

Several hedge funds have recently bought and sold shares of the company. R Squared Ltd bought a new position in shares of Expro Group in the fourth quarter worth $27,000. Sterling Capital Management LLC boosted its stake in Expro Group by 824.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock valued at $38,000 after buying an additional 2,705 shares in the last quarter. US Bancorp DE grew its stake in shares of Expro Group by 56.0% in the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock worth $52,000 after purchasing an additional 1,497 shares during the last quarter. KBC Group NV lifted its position in shares of Expro Group by 75.3% during the 4th quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after acquiring an additional 2,563 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Expro Group by 1,413.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company’s stock worth $139,000 after purchasing an additional 10,391 shares during the period. 92.07% of the stock is currently owned by institutional investors.

About Expro Group

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.