Quintana Energy Services (NYSE:QES) received a $8.00 target price from stock analysts at Barclays in a report issued on Friday. The firm currently has a “buy” rating on the stock. Barclays’ target price would indicate a potential upside of 25.98% from the stock’s current price.
Several other equities research analysts also recently issued reports on QES. Zacks Investment Research raised shares of Quintana Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, October 4th. ValuEngine raised shares of Quintana Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. Bank of America assumed coverage on shares of Quintana Energy Services in a research note on Wednesday, October 17th. They set a “neutral” rating and a $8.50 price target on the stock. Finally, Citigroup dropped their price target on shares of Quintana Energy Services from $9.15 to $8.90 and set a “neutral” rating on the stock in a research note on Friday, September 14th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $10.88.
Quintana Energy Services stock traded down $0.15 during midday trading on Friday, hitting $6.35. 3,145 shares of the stock were exchanged, compared to its average volume of 18,442. Quintana Energy Services has a 1 year low of $5.36 and a 1 year high of $10.67. The company has a market capitalization of $226.32 million and a price-to-earnings ratio of -127.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.97 and a quick ratio of 1.60.
Hedge funds have recently made changes to their positions in the business. Northern Trust Corp acquired a new position in Quintana Energy Services during the 1st quarter worth $607,000. Macquarie Group Ltd. acquired a new position in Quintana Energy Services during the 2nd quarter worth $196,000. JPMorgan Chase & Co. acquired a new position in Quintana Energy Services during the 1st quarter worth $275,000. BlackRock Inc. acquired a new position in Quintana Energy Services during the 1st quarter worth $2,312,000. Finally, GSA Capital Partners LLP acquired a new position in Quintana Energy Services during the 2nd quarter worth $120,000. 17.00% of the stock is owned by institutional investors.
Quintana Energy Services Company Profile
Quintana Energy Services Inc provides oilfield services to onshore oil and natural gas exploration and production companies operating in conventional and unconventional plays in the United States. It operates through four segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.
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