Emerge Energy Services (NYSE:EMES)‘s stock had its “hold” rating restated by equities researchers at Piper Jaffray Companies in a research note issued to investors on Tuesday. They presently have a $8.75 target price on the oil and gas company’s stock. Piper Jaffray Companies’ price objective would suggest a potential upside of 21.70% from the company’s current price.

Other research analysts have also recently issued reports about the stock. ValuEngine cut shares of Emerge Energy Services from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. BidaskClub raised shares of Emerge Energy Services from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Janney Montgomery Scott began coverage on shares of Emerge Energy Services in a research report on Wednesday, September 6th. They set a “neutral” rating and a $8.00 price target for the company. Zacks Investment Research upgraded shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, B. Riley began coverage on shares of Emerge Energy Services in a research report on Wednesday, December 6th. They set a “neutral” rating and a $9.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $15.19.

Emerge Energy Services (NYSE EMES) traded down $0.12 during trading on Tuesday, reaching $7.19. 749,959 shares of the company were exchanged, compared to its average volume of 657,085. Emerge Energy Services has a 52-week low of $5.65 and a 52-week high of $24.45. The stock has a market capitalization of $217.07, a P/E ratio of -6.66 and a beta of 1.58. The company has a current ratio of 1.48, a quick ratio of 1.04 and a debt-to-equity ratio of 3.64.

In other news, Director Mark A. Gottfredson acquired 68,850 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average price of $8.66 per share, for a total transaction of $596,241.00. Following the completion of the acquisition, the director now owns 65,840 shares of the company’s stock, valued at approximately $570,174.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Several institutional investors have recently made changes to their positions in EMES. FineMark National Bank & Trust acquired a new stake in shares of Emerge Energy Services in the third quarter worth $132,000. Stifel Financial Corp lifted its position in Emerge Energy Services by 13.2% in the second quarter. Stifel Financial Corp now owns 17,433 shares of the oil and gas company’s stock worth $156,000 after purchasing an additional 2,027 shares during the period. B. Riley Financial Inc. bought a new position in Emerge Energy Services in the third quarter worth $190,000. Royal Bank of Canada lifted its position in Emerge Energy Services by 6.6% in the second quarter. Royal Bank of Canada now owns 25,187 shares of the oil and gas company’s stock worth $227,000 after purchasing an additional 1,550 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Emerge Energy Services by 103.9% in the second quarter. Wells Fargo & Company MN now owns 32,144 shares of the oil and gas company’s stock worth $290,000 after purchasing an additional 16,379 shares during the period. Institutional investors and hedge funds own 23.32% 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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