Cypress Energy Gets a Hold Rating from Robert W. Baird

By Carrie Williams

Robert W. Baird analyst Ethan Bellamy reiterated a Hold rating on Cypress Energy (NYSE: CELP) today and set a price target of $8. The company’s shares opened today at $6.98, close to its 52-week low of $6.12.

According to TipRanks.com, Bellamy is ranked 0 out of 5 stars with an average return of -4.2% and a 37.7% success rate. Bellamy covers the Basic Materials sector, focusing on stocks such as Vanguard Natural Resources LLC, Energy Transfer Partners LP, and Noble Midstream Partners LP.

Cypress Energy has an analyst consensus of Hold, with a price target consensus of $8.

The company has a one-year high of $14.27 and a one-year low of $6.12. Currently, Cypress Energy has an average volume of 16.58K.

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Cypress Energy Partners LP engages in the independent pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with SWD facilities to U.S. onshore oil and natural gas producers and trucking companies.