Published On: Wed, Oct 19th, 2016

Jones Energy, Inc. (NYSE:JONE) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Jones Energy, Inc. (NYSE:JONE).

Most recent broker ratings

10/05/2016 – Jones Energy, Inc. was upgraded to “buy” by analysts at Stifel Nicolaus. They now have a USD 6 price target on the stock.

08/30/2016 – Seaport Global Securities began new coverage on Jones Energy, Inc. giving the company a “accumulate” rating. They now have a USD 3.5 price target on the stock.

08/26/2016 – Jones Energy, Inc. had its “underweight” rating reiterated by analysts at Barclays. They now have a USD 2.5 price target on the stock.

08/19/2016 – Jones Energy, Inc. had its “outperform” rating reiterated by analysts at Imperial Capital. They now have a USD 3.75 price target on the stock.

05/24/2016 – Jones Energy, Inc. was upgraded to “outperform” by analysts at Iberia Capital. They now have a USD 6 price target on the stock.

05/06/2016 – Jones Energy, Inc. had its “hold” rating reiterated by analysts at Noble Financial.

12/09/2015 – JP Morgan began new coverage on Jones Energy, Inc. giving the company a “overweight” rating. They now have a USD 6 price target on the stock.

10/21/2015 – Jones Energy, Inc. had its “buy” rating reiterated by analysts at SunTrust. They now have a USD 8 price target on the stock.

07/21/2015 – Jones Energy, Inc. had its “accumulate” rating reiterated by analysts at Global Hunter Securities. They now have a USD 9.75 price target on the stock.

05/12/2015 – Jones Energy, Inc. was downgraded to “sell” by analysts at Zacks.

01/02/2015 – Jones Energy, Inc. had its “buy” rating reiterated by analysts at Brean Capital. They now have a USD 19 price target on the stock.

12/18/2014 – Jones Energy, Inc. was downgraded to “market perform” by analysts at Wells Fargo.

09/16/2014 – Johnson Rice began new coverage on Jones Energy, Inc. giving the company a “overweight” rating.

07/18/2014 – Jones Energy, Inc. had its “buy” rating reiterated by analysts at Jefferies. They now have a USD 21 price target on the stock.

The share price of Jones Energy, Inc. (NYSE:JONE) was up +1.64% during the last day of trading, with a day high of 4.37. 898816 shares were traded during the last session.

The stock’s 50 day moving average is 3.45 and its 200 day moving average is 3.79. The stock’s market capitalization is 142.76M. Jones Energy, Inc. has a 52-week low of 1.16 and a 52-week high of 5.83.

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. The Company’s oil is generally sold under short-term, extendable and cancellable agreements with unaffiliated purchasers. The Company’s natural gas is sold at delivery points at or near producing wells to natural gas gathering and marketing companies. Its total estimated proved reserves are approximately 101.7 million barrels of oil equivalent (MMBoe). Approximately 25% of its total estimated proved reserves consist of oil, over 32% consist of natural gas liquids (NGLs) and over 43% consist of natural gas. Its properties include over 1,020 gross producing wells.