In a report released today, Mike Urban from Seaport Global reiterated a Buy rating on Emerge Energy (NYSE: EMES), with a price target of $11. The company’s shares closed on Friday at $6.45, close to its 52-week low of $5.65.
According to TipRanks.com, Urban has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.8% and a 41.6% success rate. Urban covers the Basic Materials sector, focusing on stocks such as Baker Hughes a GE company, C&J Energy Services Inc, and Schlumberger Limited.
The word on The Street in general, suggests a Hold analyst consensus rating for Emerge Energy with a $8.75 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $10.45 and a one-year low of $5.65. Currently, Emerge Energy has an average volume of 495.7K.
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.
Emerge Energy Services LP engages in the ownership, operation, acquisition and development of a diversified portfolio of energy service assets. It also engages in the businesses of mining, processing, and distributing silica sand, a key input for the hydraulic fracturing of oil and natural gas wells.
