Jones Energy, Inc. (NYSE:JONE) has been given a consensus recommendation of “Buy” by the ten research firms that are presently covering the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $5.65.

JONE has been the subject of several research reports. Zacks Investment Research downgraded shares of Jones Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, January 31st. Stephens initiated coverage on shares of Jones Energy in a research report on Friday, December 16th. They set an “overweight” rating for the company. Iberia Capital reissued an “outperform” rating and set a $9.00 price objective on shares of Jones Energy in a research report on Monday, December 19th. SunTrust Banks, Inc. upgraded shares of Jones Energy from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a report on Tuesday, January 17th. Finally, Seaport Global Securities upgraded shares of Jones Energy from an “accumulate” rating to a “buy” rating in a report on Wednesday, February 1st.

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A number of hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its stake in shares of Jones Energy by 7,447.7% in the third quarter. Wells Fargo & Company MN now owns 1,324,620 shares of the company’s stock worth $4,716,000 after buying an additional 1,307,070 shares in the last quarter. Chicago Equity Partners LLC purchased a new stake in shares of Jones Energy during the second quarter worth approximately $771,000. California State Teachers Retirement System boosted its stake in shares of Jones Energy by 5.3% in the second quarter. California State Teachers Retirement System now owns 64,646 shares of the company’s stock worth $266,000 after buying an additional 3,270 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Jones Energy by 66.1% in the third quarter. Ameriprise Financial Inc. now owns 1,491,027 shares of the company’s stock worth $5,308,000 after buying an additional 593,315 shares in the last quarter. Finally, UBS Oconnor LLC boosted its stake in shares of Jones Energy by 133.7% in the third quarter. UBS Oconnor LLC now owns 994,248 shares of the company’s stock worth $3,540,000 after buying an additional 568,874 shares in the last quarter.

Jones Energy (NYSE:JONE) opened at 3.75 on Friday. Jones Energy has a 1-year low of $1.16 and a 1-year high of $5.34. The company’s 50 day moving average is $4.65 and its 200-day moving average is $4.04. The firm’s market cap is $213.78 million.

About Jones Energy

Jones Energy, Inc is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma.

5 Day Chart for NYSE:JONE

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