Jefferies Reaffirms Their Hold Rating on Mammoth Energy Services


Jefferies analyst Brad Handler reiterated a Hold rating on Mammoth Energy Services (NASDAQ: TUSK) on July 10 and set a price target of $37. The company’s shares closed yesterday at $36.26.

According to TipRanks.com, Handler is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.3% and a 37.7% success rate. Handler covers the Basic Materials sector, focusing on stocks such as Frank’s International, Helmerich & Payne, and Pioneer Energy.

Mammoth Energy Services has an analyst consensus of Strong Buy, with a price target consensus of $46.

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The company has a one-year high of $42.30 and a one-year low of $10.88. Currently, Mammoth Energy Services has an average volume of 527K.

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock.

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Mammoth Energy Services, Inc. engages in the exploration and development of North American onshore unconventional oil and natural gas reserves. It operates through the following business segments: Pressure Pumping, Infrastructure, Sand, Drilling, and All Other.

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