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Natural Gas Services Group (NYSE:NGS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday. They currently have a $33.80 target price on the stock. Zacks‘s target price would indicate a potential upside of 13.96% from the company’s current price.

Natural Gas Services Group (NYSE:NGS) traded up 0.20% during mid-day trading on Thursday, hitting $29.72. The stock had a trading volume of 15,152 shares. Natural Gas Services Group has a 52 week low of $24.70 and a 52 week high of $34.96. The stock has a 50-day moving average of $30.52 and a 200-day moving average of $31.06. The company has a market cap of $372.1 million and a price-to-earnings ratio of 29.34.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.01. During the same quarter last year, the company posted $0.31 earnings per share. On average, analysts predict that Natural Gas Services Group will post $1.12 earnings per share for the current fiscal year.

Separately, analysts at Global Hunter Securities downgraded shares of Natural Gas Services Group from a “buy” rating to an “accumulate” rating in a research note on Wednesday, July 30th. They now have a $34.00 price target on the stock, up previously from $32.00. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $36.95.

Natural Gas Services Group, Inc (NYSE:NGS), is a provider of small to medium horsepower compression equipment to the natural gas industry.

To view Zacks’ full report, visit Zacks’ official website.

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