Liberty Oilfield Services (NYSE:LBRT) Receives New Coverage from Analysts at Goldman Sachs Group

Goldman Sachs Group initiated coverage on shares of Liberty Oilfield Services (NYSE:LBRT) in a research note released on Tuesday, February 6th, MarketBeat Ratings reports. The brokerage issued a buy rating and a $34.00 price objective on the stock.

Separately, Piper Jaffray Companies assumed coverage on shares of Liberty Oilfield Services in a report on Tuesday, February 6th. They issued an overweight rating and a $28.00 target price on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $29.29.

Liberty Oilfield Services (LBRT) traded down $0.06 during trading on Tuesday, reaching $19.84. 217,443 shares of the company’s stock were exchanged, compared to its average volume of 674,598. Liberty Oilfield Services has a 12 month low of $17.79 and a 12 month high of $23.78.

In related news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $16.07, for a total value of $4,829,693.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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Analyst Recommendations for Liberty Oilfield Services (NYSE:LBRT)

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