Shares of PHX Energy Services Corp (TSE:PHX) have been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$3.33.
A number of equities analysts recently weighed in on PHX shares. AltaCorp Capital reissued an “outperform” rating on shares of PHX Energy Services Corp in a research note on Tuesday, June 7th. Scotiabank raised PHX Energy Services Corp from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$3.00 to C$4.00 in a research note on Thursday, June 30th. Finally, BMO Capital Markets lifted their price target on PHX Energy Services Corp from C$3.00 to C$3.25 in a research note on Saturday, August 6th.
PHX Energy Services Corp (TSE:PHX) opened at 3.75 on Tuesday. PHX Energy Services Corp has a 12-month low of $1.10 and a 12-month high of $3.80. The company has a 50-day moving average of $3.11 and a 200 day moving average of $2.75. The stock’s market cap is $190.10 million.
About PHX Energy Services Corp
PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia.
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