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Research analysts at Stifel increased their target price on shares of Emerge Energy Services (NASDAQ:EMES) from $85.00 to $120.00 in a report released on Thursday. The firm currently has a “buy” rating on the stock. Stifel’s price target indicates a potential upside of 7.58% from the company’s current price.

Emerge Energy Services (NASDAQ:EMES) opened at 111.54 on Thursday. Emerge Energy Services has a one year low of $18.62 and a one year high of $114.50. The stock’s 50-day moving average is $92.0 and its 200-day moving average is $61.22. The company has a market cap of $2.635 billion and a P/E ratio of 82.44.

Emerge Energy Services (NASDAQ:EMES) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.12. On average, analysts predict that Emerge Energy Services will post $3.52 earnings per share for the current fiscal year.

EMES has been the subject of a number of other recent research reports. Analysts at Wunderlich initiated coverage on shares of Emerge Energy Services in a research note on Tuesday, June 3rd. They set a “buy” rating and a $120.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Emerge Energy Services from a “neutral” rating to an “outperform” rating in a research note on Monday, May 12th. They now have a $88.40 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Emerge Energy Services in a research note on Wednesday, May 7th. They now have a $87.50 price target on the stock, up previously from $80.00. Seven equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of $91.84.

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