Analysts at Credit Suisse Reconfirmed their Past ‘”Outperform”’ rating on Shares Mammoth Energy Services (TUSK), Set a $38 PT

August 9, 2018 - By Jack Shaw

Mammoth Energy Services (TUSK) Rating Reaffirmed

Recently, In a report revealed to clients and investors on Wednesday, 8 August, Mammoth Energy Services (TUSK) shares have had their “Outperform” Rating reconfirmed by stock analysts at Credit Suisse, who currently has a $38 target on firm. This target by Credit Suisse gives the possibile downside of -1.38 % from the last price.

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Ratings Coverage

Among 6 analysts covering Mammoth Energy Services (TUSK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Mammoth Energy Services has $49 highest and $3000 lowest target. $38.60’s average target is 0.18% above currents $38.53 stock price. Mammoth Energy Services had 9 analyst reports since February 23, 2018 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $38 target in Wednesday, August 8 report. Credit Suisse maintained Mammoth Energy Services, Inc. (NASDAQ:TUSK) on Friday, February 23 with “Outperform” rating. The firm has “Overweight” rating given on Friday, July 6 by Barclays Capital. The stock of Mammoth Energy Services, Inc. (NASDAQ:TUSK) has “Overweight” rating given on Tuesday, February 27 by Barclays Capital. The firm has “Buy” rating by Johnson Rice given on Wednesday, February 28. Piper Jaffray maintained the stock with “Buy” rating in Monday, March 5 report. RF Lafferty maintained the shares of TUSK in report on Wednesday, March 28 with “Buy” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, April 4 report. The firm has “Overweight” rating given on Wednesday, May 30 by Barclays Capital.

The stock decreased 3.23% or $1.28 during the last trading session, reaching $38.53. About 227,895 shares traded. Mammoth Energy Services, Inc. (TUSK) has risen 66.58% since August 9, 2017 and is uptrending. It has outperformed by 54.01% the S&P500.

Mammoth Energy Services, Inc. operates as an integrated oilfield service company. The company has market cap of $1.73 billion. The firm operates in five divisions: Pressure Pumping Services; Well Services; Natural Sand Proppant; Contract Land and Directional Drilling Services; and Other Energy Services. It has a 10.59 P/E ratio. The Company’s Pressure Pumping Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability.

More notable recent Mammoth Energy Services, Inc. (NASDAQ:TUSK) news were published by: which released: “Mammoth Initiates Quarterly Cash Dividend” on July 16, 2018, also with their article: “Earnings Scheduled For August 6, 2018” published on August 06, 2018, published: “Mammoth Energy: A Timely And Attractive Entry Point” on July 17, 2018. More interesting news about Mammoth Energy Services, Inc. (NASDAQ:TUSK) were released by: and their article: “Mammoth Extends Contract with Gulfport Energy for Pressure Pumping Services” published on July 12, 2018 as well as‘s news article titled: “Gulfport Energy Corporation Provides Second Quarter 2018 Production and Pricing and Schedules Second Quarter …” with publication date: July 16, 2018.

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.