CES Energy Solutions (TSE:CEU) Price Target Lowered to C$3.75 at National Bank Financial

Share on StockTwits

CES Energy Solutions (TSE:CEU) had its target price decreased by National Bank Financial from C$4.50 to C$3.75 in a report released on Thursday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for CES Energy Solutions’ Q3 2019 earnings at $0.01 EPS.

CEU has been the topic of several other reports. BMO Capital Markets downgraded shares of CES Energy Solutions from an outperform rating to a market perform rating and decreased their price objective for the company from C$4.00 to C$2.00 in a research report on Friday, August 9th. Canaccord Genuity raised their price objective on shares of CES Energy Solutions from C$3.25 to C$3.50 in a research report on Monday, August 12th. Royal Bank of Canada upgraded shares of CES Energy Solutions from a sector perform rating to an outperform rating and raised their price objective for the company from C$3.00 to C$3.50 in a research report on Monday, August 12th. Finally, Raymond James upgraded shares of CES Energy Solutions from a neutral rating to a strong-buy rating and set a C$4.50 price objective on the stock in a research report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of C$4.08.

Shares of CEU stock opened at C$1.86 on Thursday. The company has a market capitalization of $504.96 million and a price-to-earnings ratio of 16.91. CES Energy Solutions has a one year low of C$1.68 and a one year high of C$5.13. The company’s fifty day moving average price is C$2.08 and its 200-day moving average price is C$2.57. The company has a debt-to-equity ratio of 65.08, a current ratio of 3.63 and a quick ratio of 1.93.

The business also recently announced a monthly dividend, which was paid on Thursday, August 15th. Investors of record on Thursday, August 15th were paid a dividend of $0.005 per share. The ex-dividend date was Tuesday, July 30th. This represents a $0.06 annualized dividend and a yield of 3.23%. CES Energy Solutions’s payout ratio is 54.55%.

About CES Energy Solutions

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.

Recommended Story: Stop Order

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

Insider Selling: QAD Inc.  President Sells 5,000 Shares of Stock
Insider Selling: QAD Inc. President Sells 5,000 Shares of Stock
Christopher J. Sobecki Buys 99,249 Shares of Lexicon Pharmaceuticals, Inc.  Stock
Christopher J. Sobecki Buys 99,249 Shares of Lexicon Pharmaceuticals, Inc. Stock
Insider Selling: Conn’s Inc  Insider Sells 8,700 Shares of Stock
Insider Selling: Conn’s Inc Insider Sells 8,700 Shares of Stock
istar Inc  Major Shareholder Purchases $227,625.00 in Stock
istar Inc Major Shareholder Purchases $227,625.00 in Stock
Delphi Technologies PLC  CFO Joseph R. Massaro Sells 2,800 Shares
Delphi Technologies PLC CFO Joseph R. Massaro Sells 2,800 Shares
VGI Partners Global Investments Ltd  Insider Robert Luciano Purchases 100,000 Shares
VGI Partners Global Investments Ltd Insider Robert Luciano Purchases 100,000 Shares


© 2006-2019 Ticker Report