PHX Energy Services Corp (TSE:PHX) had its price target increased by Scotiabank from C$4.50 to C$5.50 in a research report released on Friday. They currently have an outperform rating on the stock.

PHX has been the subject of several other reports. AltaCorp Capital raised their price target on shares of PHX Energy Services Corp from C$3.50 to C$3.75 and gave the company an outperform rating in a report on Wednesday, September 7th. BMO Capital Markets raised their price target on shares of PHX Energy Services Corp from C$3.00 to C$3.25 in a report on Saturday, August 6th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of C$3.50.

Shares of PHX Energy Services Corp (TSE:PHX) traded down 1.69% during mid-day trading on Friday, hitting $4.06. 53,700 shares of the company traded hands. The stock’s market capitalization is $205.82 million. PHX Energy Services Corp has a 1-year low of $1.10 and a 1-year high of $4.29. The firm’s 50 day moving average price is $3.28 and its 200-day moving average price is $2.81.

PHX Energy Services Corp Company Profile

PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia.

Receive News & Stock Ratings for PHX Energy Services Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PHX Energy Services Corp and related stocks with our FREE daily email newsletter.