ValuEngine lowered shares of Jones Energy (NYSE:JONE) from a sell rating to a strong sell rating in a research note published on Wednesday morning.
Other research analysts have also issued research reports about the stock. Stephens lowered shares of Jones Energy from an overweight rating to an equal weight rating in a research note on Wednesday, November 8th. Zacks Investment Research upgraded shares of Jones Energy from a sell rating to a hold rating in a research note on Wednesday, January 10th. SunTrust Banks lowered shares of Jones Energy from a buy rating to a hold rating and set a $1.00 price target on the stock. in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. lowered shares of Jones Energy from a neutral rating to an underweight rating in a research report on Friday, December 15th. Finally, Barclays decreased their price target on shares of Jones Energy from $1.50 to $0.50 and set an underweight rating on the stock in a research report on Monday, November 20th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $1.88.
Jones Energy (NYSE:JONE) opened at $0.92 on Wednesday. Jones Energy has a 12 month low of $0.73 and a 12 month high of $3.44. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.07.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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