Weekly Forum Energy Technologies, Inc. (NYSE:FET) Ratings on May 17, 2018

May 17, 2018 - By Darrel Chase

Big Money Sentiment decreased to 1.05 in 2017 Q4. It has change of 0.29, from 2017Q3’s 1.34. The ratio worsened due to Forum Energy Technologies, Inc. positioning: 15 sold and 43 reduced. 22 funds acquired positions and 39 increased positions. Investors holded 97.69 million in 2017Q3 but now own 95.28 million shares or 2.47% less.
Clearbridge Investments Ltd Company reported 994,765 shs. Guggenheim Ltd Liability Co reported 0% stake. Alabama-based Mesirow Finance Inv Mngmt has invested 1.34% in Forum Energy Technologies, Inc. (NYSE:FET). Encompass Cap Advisors Ltd Liability Corp reported 500,000 shs. Adams Natural Resources Fund holds 0.39% of its capital in Forum Energy Technologies, Inc. (NYSE:FET) for 167,700 shs. Amalgamated Bankshares owns 10,751 shs for 0% of their capital. Waddell And Reed owns 0.05% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 1.38M shs. Moreover, Miller Howard New York has 0.1% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 307,224 shs. State Of Wisconsin Board owns 445,000 shs for 0.02% of their capital. Corecommodity Mngmt Ltd Liability holds 0.21% or 16,465 shs. Us Bancshares De accumulated 0% or 9,501 shs. 59,831 were reported by Credit Suisse Ag. Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,382 shs for 0% of their capital. Sir Cap Management Limited Partnership accumulated 707,532 shs. Wells Fargo & Co Mn has invested 0% in Forum Energy Technologies, Inc. (NYSE:FET).

Forum Energy Technologies, Inc. had 0 selling transactions and 1 buying transaction since March 2, 2018. This’s net activity of $956,700.

Forum Energy Technologies, Inc. (NYSE:FET) Ratings Coverage

In total 9 analysts cover Forum Energy Tech (NYSE:FET). “Buy” rating has 1, “Sell” are 0, while 8 are “Hold”. (NYSE:FET) has 11% bullish analysts. 12 are the (NYSE:FET)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. The company rating was maintained by Piper Jaffray on Sunday, April 8. On Thursday, January 4 the firm has “Hold” rating given by Jefferies. On Monday, February 12 the firm has “Neutral” rating by JP Morgan given. On Monday, February 12 Cowen & Co maintained Forum Energy Technologies, Inc. (NYSE:FET) rating. Cowen & Co has “Hold” rating and $10.0 target. On Monday, February 12 the stock of Forum Energy Technologies, Inc. (NYSE:FET) has “Hold” rating given by Piper Jaffray. On Wednesday, May 2 the rating was maintained by Citigroup with “Neutral”. On Thursday, January 11 the stock of Forum Energy Technologies, Inc. (NYSE:FET) has “Hold” rating given by Cowen & Co. On Monday, February 12 the firm earned “Equal-Weight” rating by Barclays Capital. On Monday, February 12 B. Riley & Co maintained Forum Energy Technologies, Inc. (NYSE:FET) rating. B. Riley & Co has “Neutral” rating and $13 target. The company rating was maintained by Deutsche Bank on Monday, February 12. Listed here are Forum Energy Technologies, Inc. (NYSE:FET) PTs and latest ratings.

02/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $12 New Target: $14 Maintain
08/04/2018 Broker: Piper Jaffray Rating: Hold New Target: $12.7500 Maintain
13/02/2018 Broker: Jefferies Rating: Buy New Target: $15.0 Upgrade
12/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $13.15 Maintain
12/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $17 New Target: $15 Maintain
12/02/2018 Broker: B. Riley & Co Rating: Neutral Old Target: $16 New Target: $13 Maintain
12/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $17 New Target: $16 Maintain
12/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $13 New Target: $11 Maintain
12/02/2018 Broker: Cowen & Co Rating: Hold New Target: $10.0 Maintain
12/02/2018 Broker: FBR Capital Rating: Hold New Target: $13.0

FET touched $15.77 during the last trading session after $0.42 change.Forum Energy Technologies, Inc. has volume of 53,582 shares. Since May 17, 2017 FET has declined 41.26% and is downtrending. The stock underperformed the S&P 500 by 52.81%.

Forum Energy Technologies, Inc. designs, makes, and distributes products to the oil and natural gas industry in the United States and internationally.The company has $1.71 billion market cap. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure.Last it reported negative earnings. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.

There’s a substantial Forum Energy Technologies, Inc. (NYSE:FET) news posted by Globenewswire.com. It’s an article titled: “Consolidated Research: 2018 Summary Expectations for EQT, NiSource, Vulcan Materials, General Growth Properties …” on May 10, 2018.

Forum Energy Technologies, Inc. (NYSE:FET) Institutional Investors Chart

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