In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Natural Gas Services Group (NGS – Research Report), with a price target of $19.00. The company’s shares closed last Wednesday at $12.85.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 17.7% and a 45.1% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Ceco Environmental, Seanergy Maritime, and Globus Maritime.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Natural Gas Services Group with a $19.00 average price target.
The company has a one-year high of $14.23 and a one-year low of $8.91. Currently, Natural Gas Services Group has an average volume of 42.54K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NGS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Natural Gas Services Group, Inc. engages in the provision of small to medium horsepower compression equipment to the natural gas industry. It focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales. The firm manufactures, fabricates and rents natural gas compressors that enhance the production of natural gas wells and provide maintenance services for those compressors. It also manufactures and sell flare systems for oil and gas plant and production facilities. The company was founded on December 17, 1998 and is headquartered in Midland, TX.
Read More on NGS:
- Analysts Offer Insights on Technology Companies: Avalara (AVLR), Dynatrace (DT) and Kubient (KBNT)
- Analysts Conflicted on These Industrial Goods Names: Caterpillar (CAT) and Euroseas (ESEA)
- Insiders have been Buying These 2 Underrated Stocks
- UniCredit SpA (UNCFF) Gets a Hold Rating from J.P. Morgan
- ZIM Ships Encouraging Outlook on Record Quarterly Results