| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/03/2023 | -5.83% | Barclays | $25 → $26 | Maintains | Underweight |
| 05/12/2023 | -9.45% | Barclays | $27 → $25 | Maintains | Underweight |
| 03/02/2023 | -2.21% | Barclays | $23 → $27 | Maintains | Underweight |
| 03/14/2022 | — | Tudor Pickering | Downgrades | Buy → Hold | |
| 11/03/2021 | -23.94% | Barclays | $26 → $21 | Maintains | Underweight |
| 04/01/2021 | — | BTIG | Initiates Coverage On | → Neutral | |
| 03/05/2021 | -2.21% | Barclays | → $27 | Downgrades | Equal-Weight → Underweight |
| 07/16/2020 | 1.41% | Scotiabank | → $28 | Downgrades | Sector Outperform → Sector Perform |
| 05/27/2020 | 19.52% | B. Riley Securities | $45 → $33 | Maintains | Neutral |
| 05/12/2020 | -2.21% | Gabelli & Co. | → $27 | Downgrades | Buy → Hold |
| 03/16/2020 | 26.77% | Morgan Stanley | $42 → $35 | Upgrades | Underweight → Equal-Weight |
| 03/10/2020 | 41.25% | JP Morgan | $48 → $39 | Upgrades | Neutral → Overweight |
| 01/14/2020 | 62.98% | Morgan Stanley | $42 → $45 | Maintains | Underweight |
| 11/21/2019 | 55.74% | Wolfe Research | → $43 | Initiates Coverage On | → Underperform |
| 10/08/2019 | 52.12% | Morgan Stanley | $45 → $42 | Maintains | Underweight |
| 09/19/2019 | 84.72% | B. Riley Securities | $48 → $51 | Maintains | Neutral |
| 02/20/2019 | — | Barclays | Upgrades | Underweight → Equal-Weight | |
| 01/17/2019 | — | JP Morgan | Initiates Coverage On | → Neutral | |
| 10/29/2018 | 41.25% | Barclays | $41 → $39 | Maintains | Underweight |
| 09/19/2018 | 81.09% | Morgan Stanley | → $50 | Initiates Coverage On | → Underweight |
What is the target price for Dril-Quip (DRQ)?
The latest price target for Dril-Quip (NYSE: DRQ) was reported by Barclays on August 3, 2023. The analyst firm set a price target for $26.00 expecting DRQ to fall to within 12 months (a possible -5.83% downside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Dril-Quip (DRQ)?
The latest analyst rating for Dril-Quip (NYSE: DRQ) was provided by Barclays, and Dril-Quip maintained their underweight rating.
When is the next analyst rating going to be posted or updated for Dril-Quip (DRQ)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dril-Quip, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dril-Quip was filed on August 3, 2023 so you should expect the next rating to be made available sometime around August 3, 2024.
Is the Analyst Rating Dril-Quip (DRQ) correct?
While ratings are subjective and will change, the latest Dril-Quip (DRQ) rating was a maintained with a price target of $25.00 to $26.00. The current price Dril-Quip (DRQ) is trading at is $27.61, which is out of the analyst's predicted range.