Eco-Stim Energy Solutions (ESES) Coverage Initiated at Imperial Capital
Research analysts at Imperial Capital initiated coverage on shares of Eco-Stim Energy Solutions (NASDAQ:ESES) in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $2.00 price target on the oil and gas company’s stock. Imperial Capital’s target price indicates a potential upside of 40.85% from the stock’s previous close.
Several other equities research analysts have also recently commented on ESES. Credit Suisse Group dropped their target price on shares of Eco-Stim Energy Solutions from $4.00 to $2.50 and set an “outperform” rating for the company in a research report on Monday, August 14th. B. Riley set a $3.00 target price on shares of Eco-Stim Energy Solutions and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Zacks Investment Research cut shares of Eco-Stim Energy Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, FBR & Co set a $3.00 target price on shares of Eco-Stim Energy Solutions and gave the stock a “buy” rating in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $2.22.
Shares of Eco-Stim Energy Solutions (ESES) traded up $0.07 on Thursday, reaching $1.42. 109,160 shares of the company’s stock traded hands, compared to its average volume of 287,359. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.50 and a quick ratio of 1.33. Eco-Stim Energy Solutions has a fifty-two week low of $0.66 and a fifty-two week high of $2.12.
Eco-Stim Energy Solutions Company Profile
Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.
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