In a report released yesterday, Elvira Scotto from RBC Capital maintained a Buy rating on Kodiak Gas Services, Inc. (KGS – Research Report), with a price target of $28.00. The company’s shares closed yesterday at $27.55.
Scotto covers the Energy sector, focusing on stocks such as Archrock, Cheniere Energy, and Cheniere Energy Partners. According to TipRanks, Scotto has an average return of 18.0% and a 64.42% success rate on recommended stocks.
Currently, the analyst consensus on Kodiak Gas Services, Inc. is a Strong Buy with an average price target of $28.20, representing a 2.36% upside. In a report released on April 9, Goldman Sachs also reiterated a Buy rating on the stock with a $31.00 price target.
The company has a one-year high of $29.00 and a one-year low of $14.48. Currently, Kodiak Gas Services, Inc. has an average volume of 422.3K.
Based on the recent corporate insider activity of 43 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.
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.
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.
Read More on KGS:
- Largest borrow rate increases among liquid names
- Kodiak Gas Enhances Structure with Strategic Financial Moves
- Kodiak Gas Services, Inc. Announces Completion of CSI Compressco LP Acquisition
- Kodiak Gas Services completes acquisition of CSI Compressco
- Kodiak Gas Services price target raised to $28 from $23 at Truist
