CES Energy Solutions (CEU) Given Buy Rating at Clarus Securities

Share on StockTwits

Clarus Securities reissued their buy rating on shares of CES Energy Solutions (TSE:CEU) in a research report report published on Wednesday.

Several other brokerages also recently commented on CEU. Canaccord Genuity lowered their target price on shares of CES Energy Solutions from C$5.50 to C$4.75 in a report on Thursday, November 22nd. TD Securities upgraded shares of CES Energy Solutions from a buy rating to an action list buy rating and set a C$7.00 target price for the company in a report on Wednesday, November 14th. Raymond James downgraded shares of CES Energy Solutions from a strong-buy rating to an outperform rating and lowered their target price for the company from C$7.00 to C$5.00 in a report on Monday, February 4th. National Bank Financial upgraded shares of CES Energy Solutions from a sector perform rating to an outperform rating and set a C$6.50 target price for the company in a report on Tuesday, November 27th. Finally, Alliance Global Partners lowered their target price on shares of CES Energy Solutions from C$7.00 to C$5.00 in a report on Thursday. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of C$5.88.

Shares of CEU stock opened at C$2.91 on Wednesday. The stock has a market capitalization of $773.73 million and a PE ratio of 22.38. The company has a debt-to-equity ratio of 72.49, a current ratio of 3.43 and a quick ratio of 1.91. CES Energy Solutions has a one year low of C$2.85 and a one year high of C$6.73.

The business also recently disclosed a monthly dividend, which was paid on Friday, February 15th. Investors of record on Friday, February 15th were issued a dividend of $0.005 per share. The ex-dividend date of this dividend was Wednesday, January 30th. This represents a $0.06 dividend on an annualized basis and a yield of 2.06%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 30.77%.

In related news, insider John Michael Hooks sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were sold at an average price of C$3.26, for a total transaction of C$65,214.00. Following the completion of the sale, the insider now owns 1,512,171 shares in the company, valued at C$4,930,735.98.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Read More: How does new data get added to a blockchain?

Analyst Recommendations for CES Energy Solutions (TSE:CEU)

Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Euronet Worldwide, Inc.  Stake Lessened by Penserra Capital Management LLC
Euronet Worldwide, Inc. Stake Lessened by Penserra Capital Management LLC
Insider Buying: Century Bancorp, Inc.  Major Shareholder Purchases 200 Shares of Stock
Insider Buying: Century Bancorp, Inc. Major Shareholder Purchases 200 Shares of Stock
Rothschild & Co. Asset Management US Inc. Boosts Position in Air Lease Corp
Rothschild & Co. Asset Management US Inc. Boosts Position in Air Lease Corp
Endava PLC –  Receives $29.40 Average PT from Brokerages
Endava PLC – Receives $29.40 Average PT from Brokerages
Mossland Tops One Day Volume of $23,144.00
Mossland Tops One Day Volume of $23,144.00
Keybank National Association OH Buys 733 Shares of Newmont Goldcorp Corp
Keybank National Association OH Buys 733 Shares of Newmont Goldcorp Corp


© 2006-2019 Ticker Report