Presidio Production (NYSE:FTW) Now Covered by Analysts at BTIG Research

Equities research analysts at BTIG Research initiated coverage on shares of Presidio Production (NYSE:FTW) in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage set a “buy” rating and a $15.00 price target on the stock. BTIG Research’s target price would indicate a potential upside of 24.58% from the stock’s current price.

A number of other equities analysts have also recently commented on FTW. William Blair started coverage on Presidio Production in a report on Monday, May 18th. They set an “outperform” rating for the company. Zacks Research upgraded Presidio Production to a “hold” rating in a research report on Tuesday, May 19th. Finally, Wall Street Zen raised Presidio Production from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $15.00.

Presidio Production Price Performance

NYSE:FTW opened at $12.04 on Wednesday. The business’s fifty day moving average is $11.87. Presidio Production has a fifty-two week low of $9.50 and a fifty-two week high of $17.20.

Presidio Production (NYSE:FTW) last announced its earnings results on Friday, May 15th. The company reported ($3.56) earnings per share (EPS) for the quarter. The firm had revenue of $45.59 million for the quarter. As a group, equities research analysts predict that Presidio Production will post -2 EPS for the current year.

About Presidio Production

Presidio Production Co is a U.S.-based energy company focused on acquiring, operating and optimizing mature oil and gas assets with a disciplined, technology-driven model.