Seeking Alpha

Deutsche Bank lifts price targets at seven oil services stocks

  • Deutsche Bank analysts raise their price targets on top oil service stocks (OIH), seeing increasing strength in a North American cyclical recovery with current forward earnings estimates perhaps proving to be conservative.
  • Basic Energy Services (BAS) gets a big price boost to $43 from $18, citing a recent activity update that indicated utilization levels had increased across all the company’s business segments.
  • Other top stocks rated Buy at the firm, including those whose price objectives have been raised: BHI, EXH, HAL, PTEN, PES, SLB.
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Comments (2)
  • mjtroll1
    , contributor
    Comments (1555) | Send Message
     
    the oih/spy pair is near to top of 3yr downtrend vs spy than bottom (-2.5+25) current _15 ..would look for better location especially given that xle/spy is definitely extended (xle rich)
    17 Apr 2014, 02:43 PM Reply Like
  • The Retired one
    , contributor
    Comments (184) | Send Message
     
    A little humor here.Hal is having a holiday wait till it really kicks into high gear.
    I.M.H.O.
    C Is hiding in wait. always a great pickle
    F is F-ing around real good w/ G.M. who coild possibly deserves it more?
    17 Apr 2014, 02:44 PM Reply Like
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