Oppenheimer Sticks to Their Hold Rating for Target Hospitality (TH)


In a report released today, Scott Schneeberger from Oppenheimer maintained a Hold rating on Target Hospitality (TH). The company’s shares closed last Thursday at $2.40, close to its 52-week low of $1.19.

According to TipRanks.com, Schneeberger is a 4-star analyst with an average return of 5.5% and a 57.2% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service International, General Finance, and Landstar System.

Target Hospitality has an analyst consensus of Moderate Buy, with a price target consensus of $3.08.

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Target Hospitality’s market cap is currently $225.2M and has a P/E ratio of 68.30. The company has a Price to Book ratio of -5.91.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TH in relation to earlier this year.

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.

Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. Its services include catering, housekeeping and maintenance, recreation and leisure, fitness, security, and transportation. The company was founded in July 12, 2017 and is headquartered in The Woodlands, TX.

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