Boston, MA 04/29/2014 (wallstreetpr) – In a world where there are hundreds of companies that come into existence each year and get disappear even sooner, Weatherford International Ltd. (NYSE:WFT) continues to outperform the market.
There are several oil and gas manufacturing companies spread across the world, but the recent downturn in oil and gas industry has forced most of them to either shut their business or put limitations on their operations. Fortunately Weatherford International Ltd. does not belong to that league. The company is offering its products and services in oil and gas industry.
In a recently published report, James Wicklund, a Credit Suisse analyst recapitulated Weatherford International Ltd. an outperforming rating. The price target which was earlier fixed at $19 has been raised to $30 after this marvelous announcement made by one of the best credit rating firms.
The main reason behind giving this rating to Weatherford International Ltd. (NYSE:WFT) is their commitment towards offering best quality products, services, and seeking continuous betterment. In a recent report, Credit Suisse noted that the market always loves back the one that has a good recovery story and Weatherford International Ltd. (NYSE:WFT) has continuously been giving that reason to market. That is the main reason this top notched credit rating company decided to give the best possible ranking to WIL.
In a market full of inconsistencies, overpricing, and several issues with oil producing countries, the consistent performance of Weatherford International Ltd. (NYSE:WFT) is an inspiration for other rival companies and the steps taken by this company to overcome from several market inconsistencies can prove to be excellent learning curve for those who have just entered into the market or wish to enter in the market in near future.
With several questions are arising about oil and gas prices in months to come, what steps does Weatherford International Ltd use to overcome from those difficult times will be very interesting to watch.