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.

Large investors have recently bought and sold shares of the company. Victory Capital Management Inc. purchased a new stake in shares of Eco-Stim Energy Solutions in the 3rd quarter worth about $279,000. Bienville Capital Management LLC lifted its position in shares of Eco-Stim Energy Solutions by 107.4% in the 3rd quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock worth $9,514,000 after purchasing an additional 3,198,727 shares during the period. B. Riley Financial Inc. purchased a new position in Eco-Stim Energy Solutions during the 3rd quarter valued at about $143,000. Vanguard Group Inc. lifted its position in Eco-Stim Energy Solutions by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock valued at $641,000 after acquiring an additional 26,572 shares during the period. Finally, Geneva Advisors LLC lifted its position in Eco-Stim Energy Solutions by 22.6% during the 2nd quarter. Geneva Advisors LLC now owns 97,667 shares of the oil and gas company’s stock valued at $122,000 after acquiring an additional 18,000 shares during the period. 84.26% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Eco-Stim Energy Solutions (NASDAQ:ESES)

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