Zacks Investment Research upgraded shares of Seaside Exploration Partners Corp (NYSE:CJ) from a hold rating to a buy rating in a research report released on Wednesday, June 21st. They currently have $37.00 price target on the stock.

According to Zacks, “C&J Energy Services, Inc. is a provider of on-shore well construction, well completion, well support and other complementary oilfield services to oil and gas exploration and production companies. It offers hydraulic fracturing, cased-hole wireline, coiled tubing, cementing, rig services, fluids management services and other special well site services. The company operates primarily in United States and Western Canada. C&J Energy Services, Inc. is based in Houston, United States. “

CJ has been the topic of a number of other research reports. Nomura began coverage on shares of Seaside Exploration Partners Corp in a research report on Wednesday, April 19th. They set a buy rating and a $46.00 price target on the stock. Wells Fargo & Company reissued an outperform rating on shares of Seaside Exploration Partners Corp in a research report on Wednesday, May 10th. Deutsche Bank AG initiated coverage on shares of Seaside Exploration Partners Corp in a report on Wednesday, May 3rd. They issued a buy rating and a $43.00 price objective on the stock. Evercore ISI restated an outperform rating and issued a $43.00 price objective on shares of Seaside Exploration Partners Corp in a report on Tuesday, May 2nd. Finally, Morgan Stanley started coverage on shares of Seaside Exploration Partners Corp in a report on Tuesday, May 2nd. They issued an equal weight rating and a $44.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of Buy and an average target price of $41.27.

Shares of Seaside Exploration Partners Corp (NYSE CJ) traded up 1.40% during trading on Wednesday, hitting $34.00. 826,276 shares of the stock traded hands. The firm’s market cap is $2.15 billion. The company has a 50 day moving average price of $33.29 and a 200 day moving average price of $32.41. Seaside Exploration Partners Corp has a 12 month low of $27.97 and a 12 month high of $46.30.

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A number of institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. acquired a new position in shares of Seaside Exploration Partners Corp during the first quarter worth about $7,993,000. Parkwood LLC acquired a new position in shares of Seaside Exploration Partners Corp during the first quarter worth about $602,000. Finally, Sprott Inc. acquired a new position in shares of Seaside Exploration Partners Corp during the second quarter worth about $6,169,000. 89.28% of the stock is owned by hedge funds and other institutional investors.

Seaside Exploration Partners Corp Company Profile

Seaside Exploration Partners Corp is a Canada-based capital pool company. The Company focuses on the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction may involve the acquisition of a business or assets located outside of Canada.

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Analyst Recommendations for Seaside Exploration Partners Corp (NYSE:CJ)

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