Weatherford International (WFRD, Financial) has announced the appointment of Anuj Dhruv as its new Executive Vice President and Chief Financial Officer. This strategic hire is expected to bolster the company's financial leadership and strategic direction.
Anuj Dhruv brings a wealth of experience to Weatherford, having previously held the position of Vice President of Finance and Strategy in the global olefins and polyolefins division at LyondellBasell (LYB). His extensive background in finance and strategic planning is anticipated to be a valuable asset to Weatherford as it continues to navigate the complexities of the energy sector.
Dhruv’s appointment signifies Weatherford’s commitment to enhancing its financial operations and achieving long-term growth objectives. The leadership transition is effective immediately.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Weatherford International PLC (WFRD, Financial) is $84.71 with a high estimate of $97.00 and a low estimate of $66.00. The average target implies an upside of 88.38% from the current price of $44.97. More detailed estimate data can be found on the Weatherford International PLC (WFRD) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Weatherford International PLC's (WFRD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Weatherford International PLC (WFRD, Financial) in one year is $73.47, suggesting a upside of 63.38% from the current price of $44.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Weatherford International PLC (WFRD) Summary page.
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