Wall Street Zen Upgrades Presidio Production (NYSE:FTW) to Hold

Presidio Production (NYSE:FTW) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

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

Presidio Production Trading Down 0.2%

Shares of FTW opened at $11.20 on Friday. The stock’s fifty day moving average price is $11.94. 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 quarterly earnings data on Friday, May 15th. The company reported ($3.56) EPS for the quarter. The business had revenue of $45.59 million for the quarter. As a group, analysts predict that Presidio Production will post -2.54 EPS for the current fiscal year.

Presidio Production Company Profile

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.