Presidio Production (NYSE:FTW) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Presidio Production (NYSE:FTW) from a sell rating to a hold rating in a research note published on Saturday morning.

Several other equities research analysts also recently issued reports on the company. Zacks Research raised Presidio Production to a “hold” rating in a research note on Tuesday, May 19th. BTIG Research started coverage on Presidio Production in a research note on Wednesday, July 8th. They set a “buy” rating and a $15.00 target price on the stock. William Blair started coverage on Presidio Production in a research note on Monday, May 18th. They set an “outperform” rating on the stock. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Presidio Production in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $15.00.

Presidio Production Stock Performance

Shares of NYSE:FTW opened at $11.31 on Friday. The firm’s fifty day moving average price is $11.92. Presidio Production has a 12-month low of $9.50 and a 12-month high of $17.20.

Presidio Production (NYSE:FTW) last released its earnings results on Wednesday, August 12th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.44. The business had revenue of $54.00 million during the quarter, compared to analysts’ expectations of $59.01 million. On average, sell-side analysts forecast that Presidio Production will post -2.54 earnings per share for the current fiscal year.

About Presidio Production

Presidio Production Co is a U.S.-based energy company focused on acquiring, operating and optimizing mature oil and gas assets with a disciplined, technology-driven model.