Innovex International (NYSE:INVX) Price Target Cut to $15.00 by Analysts at Barclays

Innovex International (NYSE:INVX) had its target price lowered by Barclays from $21.00 to $15.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Barclays currently has an underweight rating on the stock.

Innovex International Price Performance

Shares of NYSE INVX opened at $16.27 on Tuesday. The company has a quick ratio of 2.17, a current ratio of 3.87 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.09 billion, a P/E ratio of 11.54 and a beta of 0.85. Innovex International has a one year low of $13.80 and a one year high of $25.19.

Innovex International Company Profile

Innovex Downhole Solutions Inc designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc, formerly known as Dril-Quip, is based in HOUSTON.