Analysts Set Ensign Energy Services Inc. (TSE:ESI) Price Target at $7.68
Shares of Ensign Energy Services Inc. (TSE:ESI) have been assigned an average recommendation of “Hold” from the thirteen ratings firms that are covering the company. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$7.68.
A number of analysts have weighed in on the company. BMO Capital Markets increased their price target on Ensign Energy Services from C$8.00 to C$8.50 and gave the stock a “market perform” rating in a report on Wednesday, August 10th. Canaccord Genuity decreased their price target on Ensign Energy Services from C$8.25 to C$8.00 and set a “hold” rating for the company in a report on Wednesday, August 10th. FirstEnergy Capital increased their price target on Ensign Energy Services from C$9.50 to C$10.00 in a report on Wednesday, August 10th. TD Securities restated a “hold” rating and issued a C$8.00 target price on shares of Ensign Energy Services in a research note on Wednesday, August 10th. Finally, CIBC raised their target price on Ensign Energy Services from C$8.50 to C$8.75 in a research note on Wednesday, July 20th.
In other Ensign Energy Services news, insider Robert Harold Geddes sold 25,000 shares of Ensign Energy Services stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of C$7.70, for a total transaction of C$192,500.00. Also, Director Thomas Joseph Connors sold 9,802 shares of Ensign Energy Services stock in a transaction that occurred on Tuesday, September 6th. The stock was sold at an average price of C$7.75, for a total transaction of C$75,965.50.
Ensign Energy Services (TSE:ESI) opened at 8.08 on Tuesday. The firm has a 50-day moving average price of $7.60 and a 200-day moving average price of $7.25. The firm’s market capitalization is $1.23 billion. Ensign Energy Services has a 1-year low of $4.72 and a 1-year high of $9.69.
Ensign Energy Services Company Profile
Ensign Energy Services Inc is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services.
Receive News & Stock Ratings for Ensign Energy Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ensign Energy Services Inc. and related stocks with our FREE daily email newsletter.