In a report released on August 17, Keith Mackey from RBC Capital maintained a Buy rating on Atlas Energy Solutions (AESI – Research Report), with a price target of $25.00. The company’s shares closed yesterday at $22.00.
Mackey covers the Energy sector, focusing on stocks such as Patterson-UTI, Schlumberger, and Baker Hughes Company. According to TipRanks, Mackey has an average return of 26.9% and a 69.83% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlas Energy Solutions with a $25.17 average price target, implying a 14.41% upside from current levels. In a report released on August 16, Citi also maintained a Buy rating on the stock with a $26.00 price target.
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The company has a one-year high of $22.39 and a one-year low of $14.78. Currently, Atlas Energy Solutions has an average volume of 371.4K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AESI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America.
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