Wunderlich announced Emerge Energy Services LP (NYSE:EMES), raising its target price to $15.00 today
- Updated: October 1, 2016
Emerge Energy Services LP (NYSE:EMES) had its target price raised to $15.00 by Wunderlich in a report released 9/29/2016. The new stock price target indicates a possible upside of 0.15% based on the company's last closing price.
Yesterday Emerge Energy Services LP (NYSE:EMES) traded 0.69% higher at $13.06. EMES’s 50-day average is $12.40 and its two hundred day average is $8.51. With the last stock price close up 53.19% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 432,165 shares of EMES changing hands under the typical 446,314
Recent Performance Chart
With a total market value of $0, Emerge Energy Services LP has with a one year low of $1.97 and a one year high of $14.60 .
In addition to Wunderlich reporting its stock price target, a total of 4 brokers have issued a research note on the company. The average stock price target is $5.55 with one brokerage rating the company a strong buy, zero brokerages rating the company a buy, seven brokerages rating the company a hold, one firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Emerge Energy Services LP (NYSE:EMES)
Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company's segments include Sand segment, Fuel segment and Corporate. The Company's Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. Its Fuel segment operates approximately two terminals and over two transmix processing facilities that are located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. In addition to refining transmix, the Fuel segment sells a suite of complementary fuel products and services, including third-party terminaling services, certain reclamation services and blending of renewable fuels. The Company's other services include blending of renewable fuels into petroleum products, and the manufacture of biodiesel at its Birmingham facility.
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