UPDATE: Williams Financial Group Initiates Natural Gas Services Group at Buy
Williams Financial Group initiated coverage on Natural Gas Services Group (NYSE: NGS) with a Buy rating and a price target of $19 per share.
Williams Financial Group commented, "The NGS story has impressed, but with still 75% exposure to natural gas prices, NGS is our favored way to play a rebound in natural gas prices. This recovery would be a driver to the Sales segment as well with increased demand providing better backlog/revenue visibility, pricing and segment margins."
Natural Gas Services Group closed at $14.87 on Thursday.
Latest Ratings for NGS
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 2019 | Imperial Capital | Maintains | Outperform | |
| Jan 2019 | Maxim Group | Initiates Coverage On | Buy | |
| Jun 2018 | Argus Research | Maintains | Buy | Buy |
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Posted-In: Williams Financial GroupAnalyst Color Initiation Intraday Update Analyst Ratings
