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Jones Energy (NASDAQ:JONE) shares reached a new 52-week high on Monday , AnalystRatings.NET reports. The stock traded as high as $18.90 and last traded at $18.79, with a volume of 69,812 shares traded. The stock had previously closed at $17.95.

Several analysts have recently commented on the stock. Analysts at Brean Capital initiated coverage on shares of Jones Energy in a research note on Monday. They set a “buy” rating and a $23.00 price target on the stock. Separately, analysts at SunTrust raised their price target on shares of Jones Energy from $22.00 to $23.00 in a research note on Tuesday, June 3rd. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of Jones Energy from an “underperform” rating to a “neutral” rating in a research note on Monday, April 28th. They now have a $15.40 price target on the stock. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Jones Energy presently has an average rating of “Buy” and a consensus price target of $19.57.

The stock’s 50-day moving average is $16.45 and its 200-day moving average is $15.44. The company has a market cap of $233.0 million and a price-to-earnings ratio of 208.72.

Jones Energy (NASDAQ:JONE) last announced its earnings data on Wednesday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.08. On average, analysts predict that Jones Energy will post $1.16 earnings per share for the current fiscal year.

Jones Energy, Inc is an independent oil and gas company engaged in the development, production and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma.

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