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Key Energy Services (NYSE:KEG) was downgraded by stock analysts at Imperial Capital to an “in-line” rating in a report issued on Monday.

Shares of Key Energy Services (NYSE:KEG) traded down 1.98% on Monday, hitting $6.8911. 1,265,032 shares of the company’s stock traded hands. Key Energy Services has a 52 week low of $6.06 and a 52 week high of $10.52. The stock has a 50-day moving average of $8.5 and a 200-day moving average of $8.51. The company’s market cap is $1.057 billion.

Key Energy Services (NYSE:KEG) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01.

Other equities research analysts have also recently issued reports about the stock. Analysts at Howard Weil downgraded shares of Key Energy Services from a “sector outperform” rating to a “sector perform” rating in a research note on Friday. They now have a $9.00 price target on the stock. Separately, analysts at Robert W. Baird initiated coverage on shares of Key Energy Services in a research note on Tuesday, July 15th. They set an “outperform” rating and a $11.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Key Energy Services from $8.50 to $9.00 in a research note on Thursday, July 10th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $10.21.

Key Energy Services, Inc (NYSE:KEG) is an onshore, rig-based well servicing contractor.

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