Raymond James analyst Marshall Adkins maintained a Buy rating on Nine Energy Service Inc (NINE) today and set a price target of $46. The company’s shares opened today at $30.45.
According to TipRanks.com, Adkins has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.0% and a 33.5% success rate. Adkins covers the Basic Materials sector, focusing on stocks such as Hi-Crush Partners, National-Oilwell, and Pioneer Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nine Energy Service Inc with a $43 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $40.39 and a one-year low of $22.23. Currently, Nine Energy Service Inc has an average volume of 226.3K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nine Energy Service, Inc. operates as an oilfield services company, which provides completion, wireline, and cementing solutions. It offers a geographical footprint in the basins that count and the full range of conventional and unconventional completions, wireline, and cementing services. The company was founded in 2011 and is headquartered in Houston, TX.
