Seaport Global Thinks Natural Gas Services Group’s Stock is Going to Recover


Seaport Global analyst Mike Urban reiterated a Buy rating on Natural Gas Services Group (NYSE: NGS) yesterday and set a price target of $24. The company’s shares closed yesterday at $21.50, close to its 52-week low of $21.15.

According to TipRanks.com, Urban has 0 stars on 0-5 star ranking scale with an average return of -5.7% and a 38.5% success rate. Urban covers the Basic Materials sector, focusing on stocks such as Select Energy Services Inc, Baker Hughes a GE company, and C&J Energy Services Inc.

Natural Gas Services Group has an analyst consensus of Moderate Buy, with a price target consensus of $24.

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The company has a one-year high of $29.55 and a one-year low of $21.15. Currently, Natural Gas Services Group has an average volume of 29.64K.

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Natural Gas Services Group, Inc. engages in the provision of small to medium horsepower compression equipment to the natural gas industry. It focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

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