Key Professional Analysts at Wells Fargo Didn’t Change their ‘”Outperform”’ rating for Select Energy Services (WTTR) Shares Today. Their TP is $15

November 9, 2018 - By Ellis Scott

Select Energy Services (WTTR) Rating Reaffirmed

Recently, In a report issued to clients and investors on Thursday, 8 November, Select Energy Services (WTTR) shares have had their “Outperform” Rating kept by expert analysts at Wells Fargo, who currently has a $15 TP on firm. This target by Wells Fargo indicates the possibile upside of 37.24 % from the last stock close.

Select Energy Services, Inc. (NYSE:WTTR) Ratings Coverage

Among 5 analysts covering Select Energy Services Inc (WTTR), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Select Energy Services Inc has $2400 highest and $14 lowest target. $18’s average target is 64.68% above currents $10.93 stock price. Select Energy Services Inc had 6 analyst reports since May 31, 2018 according to SRatingsIntel. The stock of Select Energy Services, Inc. (NYSE:WTTR) earned “Buy” rating by FBR Capital on Thursday, May 31. The company was maintained on Monday, August 13 by Credit Suisse. The rating was initiated by RBC Capital Markets on Monday, June 4 with “Buy”. JP Morgan maintained the stock with “Neutral” rating in Monday, September 17 report. Citigroup maintained the shares of WTTR in report on Wednesday, July 11 with “Neutral” rating. Citigroup maintained the stock with “Neutral” rating in Friday, September 14 report.

The stock decreased 2.84% or $0.32 during the last trading session, reaching $10.93. About 530,418 shares traded. Select Energy Services, Inc. (WTTR) has declined 15.27% since November 9, 2017 and is downtrending. It has underperformed by 30.89% the S&P500.

Select Energy Services, Inc., an oilfield services company, provides water solutions to the United States unconventional gas and oil industry. The company has market cap of $1.17 billion. The firm operates through three divisions: Water Solutions, Accommodations and Rentals, and Wellsite Completion and Construction Services. It has a 55.48 P/E ratio. The Water Solutions segment provides water solutions, including the sourcing of water; the transfer of the water to the wellsite through permanent pipeline infrastructure and temporary pipe; the containment of fluids off-and on-location; measuring and monitoring of water; the filtering and treatment of fluids, well testing, and handling of flowback and produced formation water; and the transportation and recycling or disposal of drilling, completion, and production fluids.

More news for Select Energy Services, Inc. (NYSE:WTTR) were recently published by: Seekingalpha.com, which released: “Is Select Energy Undervalued?” on October 11, 2018. Streetinsider.com‘s article titled: “Select Energy Services, Inc. (WTTR) Tops Q3 EPS by 2c, Revenues Miss” and published on November 06, 2018 is yet another important article.

Select Energy Services, Inc. (NYSE:WTTR) Ratings Chart

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