Analysts Offer Insights on Utilities Companies: New Fortress Energy LLC (NASDAQ: NFE) and Quintana Energy Services Inc (NYSE: QES)

By Carrie Williams

Analysts fell to the sidelines weighing in on New Fortress Energy LLC (NFEResearch Report) and Quintana Energy Services Inc (QESResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

New Fortress Energy LLC (NFE)

Barclays analyst Christine Cho, CFA maintained a Hold rating on New Fortress Energy LLC yesterday and set a price target of $15. The company’s shares closed last Monday at $12.88.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -0.5% and a 45.5% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Cheniere Energy Partners LP, Dcp Midstream Partners Lp, and Targa Resources Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for New Fortress Energy LLC with a $19 average price target.

See today’s analyst top recommended stocks >>

Quintana Energy Services Inc (QES)

In a report released yesterday, David Anderson from Barclays maintained a Hold rating on Quintana Energy Services Inc, with a price target of $1.50. The company’s shares closed last Monday at $1.58, close to its 52-week low of $1.44.

According to TipRanks.com, Anderson ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.0% and a 35.0% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Covia Holdings Corporation, Diamond Offshore Drilling, and Mammoth Energy Services.

Quintana Energy Services Inc has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.

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