Shares of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) have been given a consensus rating of “Buy” by the nine analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $29.00.

A number of research analysts have issued reports on the stock. Royal Bank Of Canada restated a “buy” rating and set a $30.00 target price on shares of NCS Multistage Holdings in a research report on Thursday, July 20th. Piper Jaffray Companies assumed coverage on shares of NCS Multistage Holdings in a research report on Tuesday, May 23rd. They set an “overweight” rating and a $28.00 target price on the stock. Zacks Investment Research lowered shares of NCS Multistage Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 26th. J P Morgan Chase & Co assumed coverage on shares of NCS Multistage Holdings in a research report on Tuesday, May 23rd. They set a “neutral” rating on the stock. Finally, Raymond James Financial, Inc. assumed coverage on shares of NCS Multistage Holdings in a report on Thursday, June 15th. They set an “outperform” rating and a $30.00 price target for the company.

NCS Multistage Holdings (NCSM) traded down 0.37% on Tuesday, hitting $21.31. 104,678 shares of the stock were exchanged. The company has a 50-day moving average price of $22.12 and a 200 day moving average price of $22.83. The company’s market capitalization is $928.16 million. NCS Multistage Holdings has a 1-year low of $10.19 and a 1-year high of $29.07.

Hedge funds have recently modified their holdings of the company. Rhumbline Advisers purchased a new stake in shares of NCS Multistage Holdings during the second quarter worth $276,000. LMR Partners LLP purchased a new stake in shares of NCS Multistage Holdings during the second quarter worth $557,000. Bank of New York Mellon Corp purchased a new stake in shares of NCS Multistage Holdings during the second quarter worth $742,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of NCS Multistage Holdings during the second quarter worth $872,000. Finally, Spark Investment Management LLC purchased a new stake in shares of NCS Multistage Holdings during the second quarter worth $1,596,000. 0.34% of the stock is owned by institutional investors.

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NCS Multistage Holdings Company Profile

NCS Multistage Holdings, Inc is a provider of engineered products and support services for oil and natural gas well completions and field development strategies. The Company’s products and services include Multistage Unlimited, casing-installed sliding sleeves, downhole frac isolation assembly, AirLock casing buoyancy system and liner hanger systems.

Analyst Recommendations for NCS Multistage Holdings (NASDAQ:NCSM)

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