Vertex Energy Earns Buy Rating from Analysts at Stifel Nicolaus (VTNR)
Analysts at Stifel Nicolaus began coverage on shares of Vertex Energy (OTC:VTNR) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating and a $10.00 price target on the stock.
Separately, analysts at Wunderlich raised their price target on shares of Vertex Energy from $10.00 to $12.00 in a research note on Monday, June 2nd. They now have a “buy” rating on the stock.
Vertex Energy (OTC:VTNR) remained flat at $8.02 during during mid-day trading trading on Thursday. The stock had a trading volume of 303,332 shares. Vertex Energy has a 52 week low of $2.71 and a 52 week high of $11.25. The stock’s 50-day moving average is $8.49 and its 200-day moving average is $7.27. The company has a market cap of $200.8 million and a P/E ratio of 13.95.
Vertex Energy, Inc (OTC:VTNR) is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products.
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