Wall Street Analysts’ Targets for SN, NOG, CRR, and BAS

Analysts’ recommendations

To conclude our overview of the biggest movers in the upstream and oilfield services sector, we’ll discuss Wall Street analysts’ recommendations for the companies with the leading gains and losses this week.

Wall Street Analysts’ Targets for SN, NOG, CRR, and BAS

Sanchez Energy

As of March 21, 2018, Reuters reported that 13 analysts gave recommendations on Sanchez Energy (SN). One analyst gave a “strong buy” recommendation, two analysts gave “buy” recommendations, eight analysts gave “hold” recommendations, and two analysts gave “sell” recommendations. There aren’t any “strong sell” ratings on the stock.

The median target price for Sanchez Energy is $5.00, which is ~51% higher than the closing price of $3.32 on March 21, 2018.

Northern Oil & Gas

As of March 21, 2018, Reuters reported that three analysts gave recommendations on Northern Oil & Gas (NOG). Two analysts gave a “hold” recommendation, while one analyst gave a “sell” recommendation on Northern Oil & Gas. There aren’t any “strong buy,” “buy,” or “strong sell” ratings on the stock.

The median target price for Northern Oil & Gas is $3.00, which is ~61% higher than the closing price of $1.86 on March 21, 2018.

CARBO Ceramics and Basic Energy Services

Based on the median target prices from Wall Street analysts, Basic Energy Services (BAS) has a potential upside of ~56%, while Carbo Ceramics (CRR) has a potential downside of ~5%—based on the closing prices on March 21.