Oppenheimer reaffirmed their market perform rating on shares of Target Hospitality (NASDAQ:TH - Free Report) in a report issued on Thursday morning, MarketBeat.com reports.
Separately, Northland Securities lifted their price target on Target Hospitality from $9.00 to $11.00 and gave the company a "market perform" rating in a report on Wednesday.
Check Out Our Latest Stock Report on TH
Target Hospitality Stock Performance
TH stock traded down $0.67 during trading on Thursday, hitting $9.13. The stock had a trading volume of 451,402 shares, compared to its average volume of 534,248. The stock has a market cap of $916.93 million, a price-to-earnings ratio of 11.26, a price-to-earnings-growth ratio of 1.06 and a beta of 2.09. The company's 50 day moving average price is $8.39 and its two-hundred day moving average price is $9.29. Target Hospitality has a 1-year low of $6.11 and a 1-year high of $11.84.
Institutional Investors Weigh In On Target Hospitality
Institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC acquired a new position in shares of Target Hospitality during the third quarter worth approximately $87,000. Covestor Ltd boosted its position in Target Hospitality by 13.9% during the 1st quarter. Covestor Ltd now owns 8,925 shares of the company's stock worth $97,000 after acquiring an additional 1,092 shares during the period. SG Americas Securities LLC bought a new stake in shares of Target Hospitality during the third quarter valued at about $108,000. Quest Partners LLC lifted its holdings in Target Hospitality by 4,201.9% in the second quarter. Quest Partners LLC now owns 13,508 shares of the company's stock worth $118,000 after purchasing an additional 13,194 shares during the period. Finally, Bleakley Financial Group LLC bought a new position in Target Hospitality in the 1st quarter valued at about $122,000. 32.40% of the stock is owned by institutional investors and hedge funds.
Target Hospitality Company Profile
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Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.
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