RBC Capital analyst Kurt Hallead maintained a Buy rating on Select Energy Services Inc (WTTR) yesterday and set a price target of $10. The company’s shares opened today at $8.37.
According to TipRanks.com, Hallead has currently no stars on a ranking scale of 0-5 stars, with an average return of -12.6% and a 29.1% success rate. Hallead covers the Basic Materials sector, focusing on stocks such as Independence Contract Drilling, Ncs Multistage Holdings Inc, and Diamond Offshore Drilling.
Currently, the analyst consensus on Select Energy Services Inc is a Moderate Buy with an average price target of $14.50, which is a 73.2% upside from current levels. In a report issued on August 6, B.Riley FBR also maintained a Buy rating on the stock with a $19 price target.
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The company has a one-year high of $15.85 and a one-year low of $6.05. Currently, Select Energy Services Inc has an average volume of 500.9K.
Based on the recent corporate insider activity of 38 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.
