Piper Jaffray Sticks to Its Buy Rating for Mammoth Energy Services (TUSK)


Piper Jaffray analyst John Daniel maintained a Buy rating on Mammoth Energy Services (TUSK) today and set a price target of $3.00. The company’s shares closed last Monday at $1.43, close to its 52-week low of $1.22.

According to TipRanks.com, Daniel has currently no stars on a ranking scale of 0-5 stars, with an average return of -19.3% and a 25.8% success rate. Daniel covers the Basic Materials sector, focusing on stocks such as Key Energy Services, Trican Well Service, and Helmerich & Payne.

The word on The Street in general, suggests a Hold analyst consensus rating for Mammoth Energy Services with a $3.50 average price target.

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The company has a one-year high of $25.97 and a one-year low of $1.22. Currently, Mammoth Energy Services has an average volume of 435.7K.

Based on the recent corporate insider activity of 9 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 TUSK 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.

Mammoth Energy Services, Inc. engages in the exploration and development of North American onshore unconventional oil and natural gas reserves. It operates through the following business segments: Pressure Pumping, Infrastructure, Natural Sand Proppant, and Other.

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