Shares of Emerge Energy Services LP (NYSE:EMES) have been assigned an average rating of “Hold” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $15.88.

A number of equities analysts recently issued reports on EMES shares. Zacks Investment Research raised shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Cowen set a $12.00 price target on shares of Emerge Energy Services and gave the stock a “hold” rating in a research note on Wednesday, October 18th. Piper Jaffray Companies started coverage on shares of Emerge Energy Services in a research note on Monday, September 25th. They issued a “neutral” rating and a $10.00 price target for the company. B. Riley started coverage on shares of Emerge Energy Services in a research note on Wednesday, December 6th. They issued a “neutral” rating and a $9.00 price target for the company. Finally, BidaskClub raised shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN grew its holdings in shares of Emerge Energy Services by 103.9% during the second quarter. Wells Fargo & Company MN now owns 32,144 shares of the oil and gas company’s stock valued at $290,000 after buying an additional 16,379 shares during the last quarter. Virtu KCG Holdings LLC grew its holdings in shares of Emerge Energy Services by 216.4% during the second quarter. Virtu KCG Holdings LLC now owns 37,637 shares of the oil and gas company’s stock valued at $339,000 after buying an additional 25,741 shares during the last quarter. SG Capital Management LLC purchased a new stake in shares of Emerge Energy Services during the third quarter valued at approximately $1,244,000. Chicago Partners Investment Group LLC grew its holdings in shares of Emerge Energy Services by 106.7% during the third quarter. Chicago Partners Investment Group LLC now owns 42,380 shares of the oil and gas company’s stock valued at $349,000 after buying an additional 21,875 shares during the last quarter. Finally, Penn Capital Management Co. Inc. grew its holdings in shares of Emerge Energy Services by 78.2% during the second quarter. Penn Capital Management Co. Inc. now owns 199,144 shares of the oil and gas company’s stock valued at $1,794,000 after buying an additional 87,360 shares during the last quarter. 23.32% of the stock is owned by institutional investors and hedge funds.

Emerge Energy Services (NYSE EMES) opened at $8.88 on Tuesday. Emerge Energy Services has a one year low of $5.65 and a one year high of $24.45. The company has a market cap of $267.76, a PE ratio of -8.22 and a beta of 1.58. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.04 and a current ratio of 1.48.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another website, it was stolen and republished in violation of international copyright and trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/01/09/emerge-energy-services-lp-emes-receives-consensus-rating-of-hold-from-brokerages.html.

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)

Receive News & Ratings for Emerge Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerge Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.