Equities researchers at B. Riley assumed coverage on shares of Emerge Energy Services (NYSE:EMES) in a research note issued on Wednesday, Marketbeat.com reports. The firm set a “neutral” rating and a $9.00 price target on the oil and gas company’s stock. B. Riley’s target price would indicate a potential upside of 20.81% from the company’s current price.

A number of other research firms have also weighed in on EMES. Zacks Investment Research upgraded shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Stifel Nicolaus restated a “buy” rating and set a $13.00 price target on shares of Emerge Energy Services in a research report on Sunday, September 10th. Cowen set a $12.00 target price on shares of Emerge Energy Services and gave the company a “hold” rating in a report on Wednesday, October 18th. Piper Jaffray Companies started coverage on shares of Emerge Energy Services in a report on Monday, September 25th. They issued a “neutral” rating and a $10.00 target price on the stock. Finally, BidaskClub upgraded shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. Emerge Energy Services has an average rating of “Hold” and a consensus price target of $15.33.

Shares of Emerge Energy Services (NYSE EMES) opened at $7.45 on Wednesday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.04 and a current ratio of 1.48. Emerge Energy Services has a one year low of $5.65 and a one year high of $24.45.

In other news, Director Mark A. Gottfredson bought 68,850 shares of Emerge Energy Services stock in a transaction dated Wednesday, November 8th. The stock was bought at an average price of $8.66 per share, for a total transaction of $596,241.00. Following the purchase, the director now owns 65,840 shares of the company’s stock, valued at $570,174.40. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Chicago Partners Investment Group LLC increased its holdings in shares of Emerge Energy Services by 106.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 42,380 shares of the oil and gas company’s stock valued at $349,000 after purchasing an additional 21,875 shares in the last quarter. B. Riley Financial Inc. purchased a new position in shares of Emerge Energy Services in the 3rd quarter valued at about $190,000. SG Capital Management LLC purchased a new position in shares of Emerge Energy Services in the 3rd quarter valued at about $1,244,000. Russell Investments Group Ltd. increased its holdings in shares of Emerge Energy Services by 22.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 72,736 shares of the oil and gas company’s stock valued at $599,000 after purchasing an additional 13,475 shares in the last quarter. Finally, Tocqueville Asset Management L.P. increased its holdings in Emerge Energy Services by 89.3% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 258,335 shares of the oil and gas company’s stock valued at $2,129,000 after acquiring an additional 121,835 shares in the last quarter. Institutional investors and hedge funds own 23.46% of the company’s stock.

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About Emerge Energy Services

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.

Analyst Recommendations for Emerge Energy Services (NYSE:EMES)

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