Citigroup Raises Helmerich & Payne Price Target to $29.00 Amid Positive Analyst Sentiment

Citigroup raised Helmerich & Payne's price target to $29.00 from $26.00, an 11.54% increase, while maintaining a Neutral rating. The recent trend in analyst activity reflects a series of upward adjustments in price targets, indicating a positive shift in expectations. Based on one-year price targets from 15 analysts, the average target price is $26.67, with a high estimate of $34.00 and a low estimate of $21.00. The average target implies a 2.98% downside from the current price of $27.49.