Select Egy Svcs (WTTR) Earns Outperform Rating from Wells Fargo & Company
Wells Fargo & Company reaffirmed their outperform rating on shares of Select Egy Svcs (NYSE:WTTR) in a research note released on Tuesday morning, Marketbeat Ratings reports. The firm currently has a $20.00 target price on the stock.
A number of other equities analysts have also weighed in on the company. BidaskClub raised Select Egy Svcs from a hold rating to a buy rating in a research report on Wednesday, September 27th. Citigroup lowered Select Egy Svcs from a buy rating to a sell rating and lowered their target price for the stock from $18.00 to $15.00 in a research report on Wednesday, September 27th. B. Riley reaffirmed a buy rating on shares of Select Egy Svcs in a research report on Wednesday, November 1st. Zacks Investment Research lowered Select Egy Svcs from a hold rating to a sell rating in a research report on Friday, September 15th. Finally, Piper Jaffray Companies reaffirmed a buy rating and set a $20.00 target price on shares of Select Egy Svcs in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Select Egy Svcs currently has a consensus rating of Buy and an average target price of $18.78.
Select Egy Svcs (WTTR) opened at $16.55 on Tuesday. Select Egy Svcs has a twelve month low of $11.22 and a twelve month high of $17.37. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.83 and a current ratio of 2.84.
Large investors have recently modified their holdings of the company. New York State Common Retirement Fund acquired a new position in shares of Select Egy Svcs during the second quarter worth approximately $102,000. Alliancebernstein L.P. acquired a new position in shares of Select Egy Svcs during the second quarter worth approximately $141,000. California State Teachers Retirement System raised its position in Select Egy Svcs by 117.4% in the 3rd quarter. California State Teachers Retirement System now owns 15,000 shares of the company’s stock valued at $239,000 after buying an additional 8,100 shares during the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in Select Egy Svcs in the 2nd quarter valued at $192,000. Finally, K.J. Harrison & Partners Inc purchased a new stake in Select Egy Svcs in the 3rd quarter valued at $252,000. 22.30% of the stock is currently owned by institutional investors.
About Select Egy Svcs
Select Energy Services, Inc is a holding company. The Company is provider of total water solutions to the United States unconventional oil and gas industry. The Company is engaged in sourcing and transfer of water prior to its use in drilling and completion activities associated with hydraulic fracturing or fracking, which collectively referrd to as pre-frac water services.
Receive News & Stock Ratings for Select Egy Svcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Egy Svcs and related stocks with our FREE daily email newsletter.