Barclays lowers Liberty Energy PT to $14 from $16, maintains Overweight rating.
Barclays has revised its price target for Liberty Energy Inc. (NYSE: LBRT) to $14, down from the previous $16, while maintaining an "overweight" rating on the stock. The update comes as several research firms have recently adjusted their price targets and ratings for the company.
Liberty Energy, which provides hydraulic services and related technologies to onshore oil and natural gas exploration and production companies, has seen its shares earn a consensus recommendation of "Moderate Buy" from fourteen research firms currently covering the stock [1]. Analysts have rated the stock with a hold recommendation, a buy recommendation, and a strong buy recommendation, with the average 1-year price objective among brokers being $15.65.
Barclays' decision to lower its price target is part of a broader trend among analysts. Piper Sandler, for instance, issued a "neutral" rating with a $14.00 price target, while Cowen restated a "hold" rating. Goldman Sachs and Citigroup have also lowered their price targets, with Citigroup setting a $13.50 target and Goldman Sachs reducing its target to $14.00. Barclays' move follows a similar trend, reflecting a cautious stance on the stock's valuation.
The company's recent dividend announcement, which includes a quarterly dividend of $0.08 per share paid on September 18th, has also drawn attention from institutional investors. Several hedge funds and other institutional investors have increased their stakes in Liberty Energy, with Franklin Resources Inc. growing its position by 83.5% in the fourth quarter [1].
Despite the recent changes in analyst ratings and price targets, Liberty Energy remains a key player in the hydraulic services market. The company's market capitalization stands at $2.14 billion, with a PE ratio of 8.77 and a beta of 0.66. Its stock has been trading within a range of $9.50 to $24.43 over the past year, with the 50-day moving average at $12.16 and the 200-day moving average at $14.56.
Investors should closely monitor the evolving analyst sentiment and the company's financial performance to make informed investment decisions. The latest developments underscore the importance of staying updated on analyst recommendations and price targets, especially in a dynamic market environment.
References:
[1] https://www.marketbeat.com/instant-alerts/liberty-energy-inc-nyselbrt-given-consensus-recommendation-of-moderate-buy-by-brokerages-2025-07-24/
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