Stifel Nicolaus Remains a Buy on Kodiak Gas Services, Inc. (KGS)

Stifel Nicolaus analyst Selman Akyol maintained a Buy rating on Kodiak Gas Services, Inc. (KGS – Research Report) on May 10 and set a price target of $31.00. The company’s shares closed last Friday at $27.68.

Akyol covers the Energy sector, focusing on stocks such as Oneok, Energy Transfer, and Archrock. According to TipRanks, Akyol has an average return of 9.3% and a 69.18% success rate on recommended stocks.

Currently, the analyst consensus on Kodiak Gas Services, Inc. is a Strong Buy with an average price target of $29.40, representing a 6.21% upside. In a report released on May 10, Truist Financial also maintained a Buy rating on the stock with a $32.00 price target.

KGS market cap is currently $2.33B and has a P/E ratio of 31.58.

Based on the recent corporate insider activity of 49 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 KGS in relation to earlier this year.

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Kodiak Gas Services, Inc. (KGS) Company Description:

Kodiak Gas Services, Inc. operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is based in Montgomery, Texas. Kodiak Gas Services, Inc.