National Bank of Canada reiterated their sector perform rating on shares of Target Hospitality (NYSE:TH) in a report published on Friday, BenzingaRatingsTable reports.

A number of other analysts also recently issued reports on the stock. Northland Securities set a $2.00 price objective on shares of Global Eagle Entertainment and gave the company a buy rating in a report on Tuesday, July 2nd. Stifel Nicolaus upgraded shares of Mohawk Industries from a hold rating to a buy rating and lifted their price objective for the company from $135.00 to $180.00 in a report on Wednesday, May 15th. Credit Suisse Group raised shares of Vipshop from an underperform rating to a neutral rating in a research note on Thursday, May 23rd. Deutsche Bank reissued a buy rating and issued a $24.00 target price on shares of ABB in a research note on Tuesday, May 21st. Finally, Oppenheimer decreased their target price on shares of KemPharm from $8.00 to $3.00 and set an outperform rating for the company in a research note on Thursday, May 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $12.92.

Shares of NYSE:TH opened at $9.18 on Friday. The company has a 50 day moving average price of $9.68. Target Hospitality has a fifty-two week low of $8.92 and a fifty-two week high of $12.11.

Target Hospitality (NYSE:TH) last announced its earnings results on Tuesday, May 7th. The company reported $0.21 EPS for the quarter. The company had revenue of $81.98 million for the quarter.

In related news, insider Troy C. Schrenk purchased 3,200 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The stock was acquired at an average price of $10.93 per share, with a total value of $34,976.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James B. Archer purchased 28,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The stock was bought at an average cost of $10.74 per share, with a total value of $300,720.00. The disclosure for this purchase can be found here. In the last three months, insiders bought 41,200 shares of company stock valued at $443,496.

Hedge funds have recently bought and sold shares of the stock. Mesirow Financial Investment Management Inc. raised its stake in Target Hospitality by 107.2% during the second quarter. Mesirow Financial Investment Management Inc. now owns 71,603 shares of the company’s stock worth $675,000 after acquiring an additional 37,039 shares in the last quarter. Mint Tower Capital Management B.V. acquired a new position in Target Hospitality during the first quarter worth about $1,202,000. Finally, Private Capital Management LLC acquired a new position in Target Hospitality during the first quarter worth about $9,646,000.

Target Hospitality Company Profile

Target Hospitality Corp., through its subsidiaries, provides specialty rental accommodations with catering and value-added hospitality services in the United States. The company was formerly known as Platinum Eagle Acquisition Corp. and changed its name to Target Hospitality Corp. in March 2019. The company is headquartered in The Woodlands, Texas.

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Analyst Recommendations for Target Hospitality (NYSE:TH)

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