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Investment analysts at Stifel Nicolaus began coverage on shares of Spark Energy (NASDAQ:SPKE) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $20.00 price target on the stock.

A number of other firms have also recently commented on SPKE. Analysts at Robert W. Baird initiated coverage on shares of Spark Energy in a research note on Monday. They set an “outperform” rating and a $20.00 price target on the stock. Analysts at Wunderlich initiated coverage on shares of Spark Energy in a research note on Monday. They set a “buy” rating and a $20.00 price target on the stock.

Shares of Spark Energy (NASDAQ:SPKE) opened at 17.87 on Monday. Spark Energy has a one year low of $16.81 and a one year high of $18.38. The stock has a 50-day moving average of $17.54 and a 200-day moving average of $17.54. The company’s market cap is $245.7 million.

Spark Energy, Inc is an independent retail energy services company. The Company provides residential and commercial customers in markets across the United States with an alternative choice for their natural gas and electricity.

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