Secure Energy Services Inc (TSE:SES) had its target price boosted by stock analysts at Canaccord Genuity from C$11.50 to C$12.00 in a report released on Thursday. Canaccord Genuity’s price target points to a potential upside of 33.33% from the company’s current price.
SES has been the subject of several other reports. TD Securities reiterated an “action list buy” rating and set a C$14.00 target price on shares of Secure Energy Services in a research note on Wednesday, July 13th. Raymond James Financial Inc. upgraded Secure Energy Services from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, July 28th. Scotiabank upgraded Secure Energy Services from a “sector perform” rating to an “outperform” rating and set a C$12.00 target price for the company in a research note on Thursday, July 28th. Finally, Cormark reiterated a “buy” rating on shares of Secure Energy Services in a research note on Friday, September 9th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$11.18.
Secure Energy Services (TSE:SES) opened at 9.00 on Thursday. The firm’s market capitalization is $1.44 billion. Secure Energy Services has a 1-year low of $5.33 and a 1-year high of $10.21. The firm’s 50-day moving average price is $8.96 and its 200 day moving average price is $8.85.
About Secure Energy Services
Secure Energy Services Inc is an energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.
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