Wells Fargo Sticks to Its Hold Rating for C&J Energy Services Inc (CJ)


Wells Fargo analyst Judson Bailey maintained a Hold rating on C&J Energy Services Inc (NYSE MKT: CJ) yesterday. The company’s shares closed yesterday at $19.54, close to its 52-week low of $19.24.

According to TipRanks.com, Bailey is a 3-star analyst with an average return of 5.3% and a 34.0% success rate. Bailey covers the Basic Materials sector, focusing on stocks such as Oceaneering International, US Silica Holdings, and Nabors Industries.

Currently, the analyst consensus on C&J Energy Services Inc is a Moderate Buy with an average price target of $32.13.

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The company has a one-year high of $36.57 and a one-year low of $19.24. Currently, C&J Energy Services Inc has an average volume of 967.8K.

Based on the recent corporate insider activity of 29 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.

C&J Energy Services, Inc. engages in the provision of on-shore well construction, well completions, and well services to the oil and gas industry. It also offers manufacturing, research, and technology services to oil and gas production companies. It operates through the following segments: Completion Services, Well Support Services.

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