Dril-Quip, Inc. (NYSE:DRQ) gets downgraded to Underweight by Barclays with a price target of $41.00

ME Staff
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Analyst Ratings For Dril-Quip, Inc. (NYSE:DRQ)

Today, Dril-Quip, Inc. (NYSE:DRQ) stock was downgraded by Barclays from Equal Weight to Underweight with a price target of $41.00.

There are 7 Hold Ratings, 1 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Dril-Quip, Inc. (NYSE:DRQ) is Hold with a consensus target price of $48.2857 per share, a potential 5.88% downside.

Some recent analyst ratings include

  • 7/31/2018-Barclays was Downgraded by analysts at Barclays from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $41.00 price target on the stock.
  • 7/20/2018-B. Riley was Downgraded by analysts at B. Riley from a “Buy ” rating to a ” Neutral” rating. They now have a $58.00 price target on the stock, up previously from $50.00 .
  • 2/22/2018-Capital One Financial Reiterated Rating of Equal Weight.
  • 10/31/2017-Wolfe Research Upgrade from a “Underperform ” rating to a ” Market Perform” rating.


  • On 4/2/2018 James C Webster, VP, sold 2,000 with an average share price of $43.99 per share and the total transaction amounting to $87,980.00.
  • On 4/2/2018 Jeffrey J Bird, CFO, sold 1,000 with an average share price of $43.99 per share and the total transaction amounting to $43,990.00.
  • On 11/15/2017 Blake T Deberry, Insider, sold 10,000 with an average share price of $44.66 per share and the total transaction amounting to $446,600.00.
  • On 10/31/2017 A P Shukis, Director, sold 613 with an average share price of $42.80 per share and the total transaction amounting to $26,236.40.
  • On 10/30/2017 Blake T Deberry, Insider, sold 14,819 with an average share price of $41.49 per share and the total transaction amounting to $614,840.31.
  • On 10/30/2017 James A Gariepy, COO, sold 13,409 with an average share price of $41.49 per share and the total transaction amounting to $556,339.41.
  • On 10/30/2017 James C Webster, VP, sold 4,890 with an average share price of $41.49 per share and the total transaction amounting to $202,886.10.

About Dril-Quip, Inc. (NYSE:DRQ)
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates through three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company's principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as consumable downhole products. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of the its products. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

Recent Trading Activity for Dril-Quip, Inc. (NYSE:DRQ)
Shares of Dril-Quip, Inc. closed the previous trading session at 51.90 −1.00 1.89% with shares trading hands.