C&J Energy Services Ltd. (NYSE:CJES) : 10 analysts are covering C&J Energy Services Ltd. (NYSE:CJES) and their average rating on the stock is 2.4, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
C&J Energy Services Ltd. (NYSE:CJES) : The highest short term price target forecast on C&J Energy Services Ltd. (NYSE:CJES) is $8 and the lowest target price is $1. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $2.36 with a standard deviation of $2.97.
Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains its rating on C&J Energy Services Ltd. (NYSE:CJES). The global brokerage major lowers the current price target from $2 per share to $0.6 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on May 16, 2016.
C&J Energy Services Ltd. (NYSE:CJES): stock turned positive on Tuesday. Though the stock opened at $0.65, the bulls momentum made the stock top out at $0.685 level for the day. The stock recorded a low of $0.61 and closed the trading day at $0.6507, in the green by 14.46%. The total traded volume for the day was 2,748,880. The stock had closed at $0.5685 in the previous days trading.
In an insider trading activity, Gawick Donald Jeffrey, COO of C&J Energy Services Ltd., executed a transaction worth $49,500 on November 12, 2015. A total of 11,000 shares were purchased at an average price of $4.5. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.