Here’s how analysts see Superior Energy Services, Inc. (NYSE:SPN) after this past week.

October 2, 2018 - By Darrin Black

Superior Energy Services, Inc. (NYSE:SPN) LogoInvestors sentiment decreased to 1.06 in Q2 2018. Its down 0.03, from 1.09 in 2018Q1. It turned negative, as 24 investors sold Superior Energy Services, Inc. shares while 74 reduced holdings. 28 funds opened positions while 76 raised stakes. 156.31 million shares or 0.57% more from 155.42 million shares in 2018Q1 were reported.
Franklin Res owns 1.42 million shares for 0.01% of their portfolio. Alliancebernstein Ltd Partnership accumulated 243,337 shares or 0% of the stock. Moreover, Quantbot Technology L P has 0.07% invested in Superior Energy Services, Inc. (NYSE:SPN). 477,454 were accumulated by Tygh Capital Mngmt Inc. Kennedy Mngmt reported 651,259 shares. Moreover, Macquarie Grp Limited has 0.04% invested in Superior Energy Services, Inc. (NYSE:SPN). Gsa Capital Limited Liability Partnership accumulated 60,248 shares. Moreover, Mason Street Advisors Limited Liability Company has 0.02% invested in Superior Energy Services, Inc. (NYSE:SPN). Invesco holds 0.01% of its portfolio in Superior Energy Services, Inc. (NYSE:SPN) for 2.05M shares. Balyasny Asset Mgmt Lc stated it has 78,793 shares. Tiaa Cref Management accumulated 0.01% or 870,702 shares. 102,000 are owned by Renaissance Tech Limited Liability Com. Cna Financial Corp reported 0.1% in Superior Energy Services, Inc. (NYSE:SPN). Metropolitan Life New York holds 91,928 shares. Goldman Sachs Group accumulated 1.58 million shares.

Since April 26, 2018, it had 1 insider purchase, and 0 insider sales for $326,700 activity.

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

Among 10 analysts covering Superior Energy (NYSE:SPN), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Superior Energy had 12 analyst reports since April 4, 2018 according to SRatingsIntel. The stock has “Buy” rating by Wells Fargo on Monday, April 30. The rating was maintained by Credit Suisse with “Outperform” on Thursday, July 26. The firm has “Neutral” rating by JP Morgan given on Monday, September 17. Jefferies maintained Superior Energy Services, Inc. (NYSE:SPN) on Wednesday, April 4 with “Hold” rating. The rating was downgraded by Morgan Stanley to “Underweight” on Thursday, July 12. The stock of Superior Energy Services, Inc. (NYSE:SPN) earned “Strong Buy” rating by Raymond James on Thursday, April 26. The firm has “Neutral” rating given on Monday, April 30 by Citigroup. The stock of Superior Energy Services, Inc. (NYSE:SPN) earned “Hold” rating by Jefferies on Wednesday, April 25. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, April 27. Cowen & Co maintained the shares of SPN in report on Thursday, April 26 with “Buy” rating. Below is a list of Superior Energy Services, Inc. (NYSE:SPN) latest ratings and price target changes.

17/09/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $12 New Target: $10 Maintain
11/09/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $9 Initiates Coverage On
26/07/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $12 New Target: $10 Maintain
12/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade
30/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $9 New Target: $11 Maintain
30/04/2018 Broker: Wells Fargo Rating: Buy New Target: $13.0000 Upgrade
27/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $10 New Target: $12 Maintain
25/04/2018 Broker: Jefferies Rating: Hold New Target: $11.0000 Maintain
26/04/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Strong Buy Old Target: $15 New Target: $19 Maintain
26/04/2018 Broker: Cowen & Co Rating: Buy New Target: $13.0000 Maintain

The stock decreased 0.54% or $0.05 during the last trading session, reaching $10.14. About 679,141 shares traded. Superior Energy Services, Inc. (NYSE:SPN) has declined 3.35% since October 2, 2017 and is downtrending. It has underperformed by 18.97% the S&P500.

Superior Energy Services, Inc. provides specialized oilfield services and equipment to natural gas and crude oil exploration and production companies in the United States, the Gulf of Mexico, and internationally. The company has market cap of $1.57 billion. It operates through four divisions: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. It currently has negative earnings. The Drilling Products and Services segment rents tubulars, including primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and makes and rents bottom hole tools, such as stabilizers, non-magnetic drill collars, and hole openers, as well as rents temporary onshore and offshore accommodation modules and accessories.

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

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