C&J Energy Services, Inc. (CJ) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of C&J Energy Services, Inc. (NYSE:CJ) from a hold rating to a buy rating in a research note published on Friday, May 12th. The brokerage currently has $35.00 target price on the stock.

According to Zacks, “C&J Energy Services, Inc. is a provider of on-shore well construction, well completion, well support and other complementary oilfield services to oil and gas exploration and production companies. It offers hydraulic fracturing, cased-hole wireline, coiled tubing, cementing, rig services, fluids management services and other special well site services. The company operates primarily in United States and Western Canada. C&J Energy Services, Inc. is based in Houston, United States. “

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company reissued an outperform rating on shares of C&J Energy Services in a research note on Wednesday, May 10th. Piper Jaffray Companies upgraded shares of C&J Energy Services from a neutral rating to an overweight rating and raised their target price for the stock from $38.50 to $40.00 in a research report on Wednesday, May 10th. Deutsche Bank AG began coverage on shares of C&J Energy Services in a research report on Wednesday, May 3rd. They set a buy rating and a $43.00 target price on the stock. Evercore ISI restated an outperform rating and set a $43.00 target price on shares of C&J Energy Services in a research report on Tuesday, May 2nd. Finally, Credit Suisse Group restated an outperform rating and set a $37.00 target price on shares of C&J Energy Services in a research report on Tuesday, May 2nd. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $41.90.

C&J Energy Services (NYSE:CJ) traded up 3.01% during trading on Friday, hitting $34.19. The stock had a trading volume of 4,903,155 shares. C&J Energy Services has a 52-week low of $27.97 and a 52-week high of $36.78. The company’s market cap is $2.16 billion. The firm’s 50-day moving average price is $32.75 and its 200-day moving average price is $32.50.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://www.com-unik.info/2017/06/17/seaside-exploration-partners-corp-cj-upgraded-to-buy-by-zacks-investment-research-updated-updated-updated.html.

An institutional investor recently bought a new position in C&J Energy Services stock. Parkwood LLC purchased a new stake in shares of C&J Energy Services, Inc. (NYSE:CJ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,672 shares of the company’s stock, valued at approximately $602,000. Hedge funds and other institutional investors own 87.73% of the company’s stock.

C&J Energy Services Company Profile

Seaside Exploration Partners Corp is a Canada-based capital pool company. The Company focuses on the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction may involve the acquisition of a business or assets located outside of Canada.

Get a free copy of the Zacks research report on C&J Energy Services (CJ)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

What are top analysts saying about C&J Energy Services Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for C&J Energy Services Inc. and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit