It’s been a crucial week for National-Oilwell Varco, Inc. (NYSE:NOV); here’s what analysts have to say.



September 3, 2017 – By Vivian Park

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.21, from 0.88 in 2016Q3. It fall, as 67 investors sold National-Oilwell Varco, Inc. shares while 256 reduced holdings. 70 funds opened positions while 146 raised stakes. 339.29 million shares or 1.84% less from 345.64 million shares in 2016Q3 were reported.
Manning Napier Advsr Ltd Liability has 23,202 shares for 0.01% of their portfolio. Contrarius Inv Mngmt Limited holds 2.55M shares. Ahl Prtn Ltd Liability Partnership invested 0.08% in National-Oilwell Varco, Inc. (NYSE:NOV). Overbrook reported 0.1% stake. Vantage Inv Advisors Ltd Liability reported 50 shares stake. 6.69 million were accumulated by Fmr Limited Liability. New Mexico Educational Retirement Board invested in 40,359 shares or 0.07% of the stock. Endurance Wealth Management invested 0% of its portfolio in National-Oilwell Varco, Inc. (NYSE:NOV). Tokio Marine Asset Comm Ltd owns 7,656 shares for 0.03% of their portfolio. The Massachusetts-based Choate Investment Advsr has invested 0% in National-Oilwell Varco, Inc. (NYSE:NOV). Waverton Investment Mngmt Limited invested in 40,000 shares. Boston Prtn accumulated 121,943 shares. Fukoku Mutual Life Insurance invested 0.01% in National-Oilwell Varco, Inc. (NYSE:NOV). Cypress Capital Group Incorporated reported 0.15% in National-Oilwell Varco, Inc. (NYSE:NOV). Credit Agricole S A accumulated 0.02% or 151,646 shares.

National-Oilwell Varco, Inc. (NYSE:NOV) Ratings Coverage

Among 33 analysts covering National Oilwell Varco (NYSE:NOV), 10 have Buy rating, 6 Sell and 17 Hold. Therefore 30% are positive. National Oilwell Varco had 90 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Monday, June 13. The company was maintained on Thursday, February 4 by RBC Capital Markets. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Tuesday, January 5. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, July 20 report. The firm has “Hold” rating given on Wednesday, July 5 by RBC Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Friday, September 1. As per Friday, July 31, the company rating was downgraded by Bank of America. The firm has “Accumulate” rating given on Friday, July 29 by Johnson Rice. The stock has “Sell” rating by Seaport Global on Thursday, December 1. RBC Capital Markets maintained National-Oilwell Varco, Inc. (NYSE:NOV) on Friday, April 29 with “Sector Perform” rating. Below is a list of National-Oilwell Varco, Inc. (NYSE:NOV) latest ratings and price target changes.

01/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $37.0 Maintain
31/08/2017 Broker: FBR Capital Rating: Buy New Target: $42.0
17/08/2017 Broker: Loop Capital Old Rating: Hold New Rating: Buy Upgrade
08/08/2017 Broker: SunTrust Old Rating: Hold New Rating: Sell Downgrade
07/08/2017 Broker: Suntrust Robinson Old Rating: Hold New Rating: Sell Downgrade
28/07/2017 Broker: Credit Suisse Rating: Hold New Target: $35.0000
28/07/2017 Broker: Scotia Capital Rating: Hold New Target: $37.0000
27/07/2017 Broker: Piper Jaffray Rating: Buy New Target: $37.0000 Maintain
20/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $37.0000 Maintain
13/07/2017 Broker: BMO Capital Markets Rating: Sell New Target: $28.0000 Maintain

The stock increased 0.03% or $0.01 on September 1, reaching $30.68. About shares traded. National-Oilwell Varco, Inc. (NYSE:NOV) has risen 11.97% since September 3, 2016 and is uptrending. It has underperformed by 4.73% the S&P500.

National Oilwell Varco, Inc. is an oilfield equipment maker and technology provider. The company has market cap of $11.66 billion. The Firm operates through four divisions: Rig Systems, Rig Aftermarket, Wellbore Technologies and Completion & Production Solutions. It currently has negative earnings. The Rig Systems segment makes and supports the capital equipment and integrated systems needed to drill gas and oil wells on land and offshore.

More recent National-Oilwell Varco, Inc. (NYSE:NOV) news were published by: Fool.com which released: “Not the National Oilwell Varco of old, but that’s OK” on August 09, 2017. Also Bizjournals.com published the news titled: “Pete Miller to retire from NOV spinoff” on August 24, 2017. Marketwatch.com‘s news article titled: “National Oilwell Varco’s stock falls after analyst downgrades rating, slashed …” with publication date: August 07, 2017 was also an interesting one.

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