Secure Energy Services Inc to Post FY2018 Earnings of $0.25 Per Share, Cormark Forecasts (SES)
Secure Energy Services Inc (TSE:SES) – Investment analysts at Cormark issued their FY2018 earnings estimates for shares of Secure Energy Services in a report issued on Monday. Cormark analyst J. Zhang forecasts that the firm will earn $0.25 per share for the year. Cormark has a “Buy” rating on the stock.
A number of other brokerages have also recently commented on SES. TD Securities reaffirmed an “action list buy” rating and issued a C$14.00 target price on shares of Secure Energy Services in a report on Wednesday, July 13th. Scotiabank cut shares of Secure Energy Services from an “outperform” rating to a “sector perform” rating and set a C$12.00 price target for the company. in a report on Monday, September 12th. Finally, Raymond James Financial Inc. raised shares of Secure Energy Services from an “outperform” rating to a “strong-buy” rating in a report on Thursday, July 28th. One analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Secure Energy Services presently has an average rating of “Buy” and a consensus price target of C$10.98.
Secure Energy Services (TSE:SES) traded up 1.66% during trading on Tuesday, hitting $9.78. The stock had a trading volume of 223,051 shares. The company’s market cap is $1.56 billion. The firm’s 50-day moving average price is $8.99 and its 200-day moving average price is $8.82. Secure Energy Services has a 52-week low of $5.33 and a 52-week high of $10.53.
Secure Energy Services Company Profile
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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