Secure Energy Services Inc (SES) Price Target Raised to C$12.00
Secure Energy Services Inc (TSE:SES) had its price objective increased by stock analysts at Canaccord Genuity from C$11.50 to C$12.00 in a research report issued on Thursday. Canaccord Genuity’s target price indicates a potential upside of 31.72% from the company’s current price.
Several other equities analysts also recently weighed in on the company. TD Securities reiterated a “buy” rating and set a C$12.00 target price on shares of Secure Energy Services in a research report on Wednesday, September 28th. Raymond James Financial Inc. downgraded Secure Energy Services from a “strong-buy” rating to an “outperform” rating and increased their target price for the stock from C$10.75 to C$12.00 in a research report on Friday, October 7th. Cormark reiterated a “buy” rating on shares of Secure Energy Services in a research report on Friday, September 9th. Finally, Scotiabank upgraded Secure Energy Services from a “sector perform” rating to an “outperform” rating and set a C$12.00 target price on the stock in a research report on Thursday, July 28th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$11.18.
Shares of Secure Energy Services (TSE:SES) traded down 0.44% during trading on Thursday, hitting $9.07. The stock had a trading volume of 346,789 shares. Secure Energy Services has a one year low of $5.33 and a one year high of $10.21. The stock’s 50-day moving average price is $8.98 and its 200-day moving average price is $8.84. The company’s market cap is $1.45 billion.
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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