Helmerich & Payne (HP) to Acquire KCA Deutag for $1.97 billion

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Helmerich & Payne (HP) to Acquire KCA Deutag for $1.97 billion

Helmerich & Payne (HP) PT Raised to $50 at RBC Capital

July 26, 2024 6:37 AM EDT

RBC Capital analyst Keith Mackey raised the price target on Helmerich & Payne (NYSE: HP) to $50.00 (from $48.00) while maintaining a Sector Perform rating.

The analyst comments "HPs relatively solid 3Q results were overshadowed by its $1.97Bn acquisition of KCA Deutag. Directionally, we like the... More

CFRA Upgrades Helmerich & Payne (HP) to Buy

July 25, 2024 3:56 PM EDT

CFRA analyst Stewart Glickman upgraded Helmerich & Payne (NYSE: HP) from Hold to Buy with a price target of $47.00 (from $44.00).

The analyst comments "Our 12-month target price of $47, raised $3, reflects a 5.5x multiple of enterprise value to projected FY 25 (Sep.) EPS. The applied... More