Deutsche Bank AG restated their buy rating on shares of C&J Energy Services, Inc. (NYSE:CJ) in a report published on Tuesday, MarketBeat.com reports. They currently have a $39.00 price target on the stock.

A number of other equities analysts also recently commented on CJ. Citigroup Inc. reaffirmed a buy rating and set a $36.00 target price (down from $39.00) on shares of C&J Energy Services in a research note on Friday, August 11th. Jefferies Group LLC reaffirmed a buy rating and set a $38.00 target price (down from $43.00) on shares of C&J Energy Services in a research note on Thursday, August 10th. Guggenheim assumed coverage on shares of C&J Energy Services in a research note on Thursday, September 7th. They set a buy rating and a $37.00 target price on the stock. Morgan Stanley reaffirmed an equal weight rating and set a $38.00 target price (down from $44.00) on shares of C&J Energy Services in a research note on Wednesday, June 21st. Finally, Zacks Investment Research raised shares of C&J Energy Services from a sell rating to a hold rating in a research note on Monday, July 17th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $39.25.

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In other C&J Energy Services news, major shareholder Alternative Asset Manage Solus sold 29,809 shares of C&J Energy Services stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $29.83, for a total transaction of $889,202.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Energy Opportunities Capital Management LLC acquired a new stake in shares of C&J Energy Services during the second quarter valued at about $724,000. Dean Capital Management acquired a new stake in shares of C&J Energy Services during the second quarter valued at about $4,127,000. Ameritas Investment Partners Inc. acquired a new stake in shares of C&J Energy Services during the second quarter valued at about $140,000. California State Teachers Retirement System acquired a new stake in shares of C&J Energy Services during the second quarter valued at about $2,817,000. Finally, TVR Capital Management LP acquired a new stake in shares of C&J Energy Services during the second quarter valued at about $24,053,000.

C&J Energy Services Company Profile

C&J Energy Services, Inc is a completion and production services company, which provides well construction, well completions and well services to the oil and gas industry. The Company operates through three segments: Completion Services, Well Support Services and Other Services. The Company also manufactures, repairs and refurbishes equipment used in the oilfield services industry.

Analyst Recommendations for C&J Energy Services (NYSE:CJ)

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