Approximately 73% of sell-side analysts tracking Weatherford International (WFT) have recommended a “buy” or equivalent, and ~20% have recommended a “hold.” Approximately 7% of sell-side analysts have rated WFT a “sell.” Analysts’ consensus target price for WFT was near $4.87 on March 23. WFT is currently trading near $2.4, which implies ~104% upside over the next 12 months at the current price.
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I consulted my advisor and asked if WFT was going bankrupt. The reply was "It is decidedly so". I asked what the near term looked like for the stock price and the reply from my advisor was "Outlook not so good". My advisor was a little shaken up.
Analysts, haha, buy this stock and it's @nal all the way.
https://standardoracle.com/2018/04/03/weatherford-international-plc-wft-has-its-outstanding-shares-of-985-02-million/
AS I said in an earlier post, this company "Weatherford International", has no value. The debt is more than the value of all the assets and inventory and goodwill. The problem is the useless assets and "Intangible" assets on the balance sheet. I mean, the problem is the debt.
ANY Company can buy all the assets on the open market for a lot less than the cost of the WFT Stock and have to pay back the debt. This stock Equity is WORTHLESS. Don't fool yourself. This is a Fool that posted these posts pumping the stock price up.
Oh Yeah....New Low today of $2.08.
Get over it mark