Analyst Price Target is $43.00
▼ -6.46% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Cactus in the last 3 months. The average price target is $43.00, with a high forecast of $50.00 and a low forecast of $32.00. The average price target represents a -6.46% upside from the last price of $45.97.
Current Consensus is
The current consensus among 5 polled investment analysts is to buy stock in Cactus. This Buy consensus rating has held steady for over two years.
Cactus, Inc. is a holding company, which engages in the design, manufacture and sale of wellhead and pressure control equipment. Its products include Cactus SafeDrill wellhead systems as well as frac stacks, Cactus SafeLink monobore, SafeClamp and SafeInject systems. It also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the wellhead and pressure control equipment. The company was founded in August 2011 and is headquartered in Houston, TX.