Select Energy Services Inc (WTTR) Gets a Buy Rating from Seaport Global


Seaport Global analyst Mike Urban reiterated a Buy rating on Select Energy Services Inc (NYSE: WTTR) today and set a price target of $27. The company’s shares opened today at $14.26.

According to TipRanks.com, Urban is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.7% and a 43.4% success rate. Urban covers the Basic Materials sector, focusing on stocks such as Baker Hughes a GE company, C&J Energy Services Inc, and Frank’s International.

Currently, the analyst consensus on Select Energy Services Inc is a Strong Buy with an average price target of $21.20, implying a 48.7% upside from current levels. In a report issued on August 9, B.Riley FBR also maintained a Buy rating on the stock with a $24 price target.

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The company has a one-year high of $21.96 and a one-year low of $11.50. Currently, Select Energy Services Inc has an average volume of 776.2K.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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Select Energy Services Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Solutions, Oilfield Chemicals, and Wellsite Services.

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