Imperial Capital assumed coverage on shares of Eco-Stim Energy Solutions (NASDAQ:ESES) in a research report issued to clients and investors on Thursday. The firm set an “outperform” rating and a $2.00 price target on the oil and gas company’s stock. Imperial Capital’s price target indicates a potential upside of 48.15% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Eco-Stim Energy Solutions from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research note on Tuesday, August 22nd. B. Riley set a $3.00 target price on Eco-Stim Energy Solutions and gave the company a “buy” rating in a research note on Tuesday, November 14th. FBR & Co set a $3.00 target price on Eco-Stim Energy Solutions and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Credit Suisse Group cut their target price on Eco-Stim Energy Solutions from $4.00 to $2.50 and set an “outperform” rating on the stock in a research note on Monday, August 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Eco-Stim Energy Solutions has a consensus rating of “Buy” and an average price target of $2.22.

Eco-Stim Energy Solutions (NASDAQ:ESES) opened at $1.35 on Thursday. Eco-Stim Energy Solutions has a one year low of $0.66 and a one year high of $2.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.50 and a quick ratio of 1.33.

A number of large investors have recently added to or reduced their stakes in ESES. Bienville Capital Management LLC lifted its stake in Eco-Stim Energy Solutions by 107.4% in the third quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock valued at $9,514,000 after buying an additional 3,198,727 shares during the period. Victory Capital Management Inc. bought a new stake in shares of Eco-Stim Energy Solutions in the third quarter worth about $279,000. B. Riley Financial Inc. bought a new stake in shares of Eco-Stim Energy Solutions in the third quarter worth about $143,000. Vanguard Group Inc. increased its holdings in shares of Eco-Stim Energy Solutions by 5.5% in the second quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock worth $641,000 after acquiring an additional 26,572 shares in the last quarter. Finally, Geneva Advisors LLC increased its holdings in shares of Eco-Stim Energy Solutions by 22.6% in the second quarter. Geneva Advisors LLC now owns 97,667 shares of the oil and gas company’s stock worth $122,000 after acquiring an additional 18,000 shares in the last quarter. 84.26% of the stock is currently owned by hedge funds and other institutional investors.

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About Eco-Stim Energy Solutions

Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.

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