Canadian Energy Services & Tech Corp (TSE:CEU) had its price objective raised by RBC Capital Markets from C$6.00 to C$7.00 in a report released on Thursday morning.

Other analysts have also recently issued reports about the company. Scotiabank restated an outperform rating and issued a C$6.50 price target on shares of Canadian Energy Services & Tech Corp in a research note on Wednesday, August 3rd. Royal Bank Of Canada raised their price target on Canadian Energy Services & Tech Corp from C$5.50 to C$6.00 and gave the company an outperform rating in a research note on Tuesday, September 6th. FirstEnergy Capital upgraded Canadian Energy Services & Tech Corp from an underperform rating to a market perform rating in a research note on Tuesday, August 2nd. Eurobank EFG raised their price target on Canadian Energy Services & Tech Corp from C$4.30 to C$5.00 in a research note on Monday, August 15th. Finally, National Bank Financial raised their price target on Canadian Energy Services & Tech Corp from C$4.00 to C$4.50 in a research note on Wednesday, August 3rd. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of C$5.42.

Shares of Canadian Energy Services & Tech Corp (TSE:CEU) traded up 0.276% during trading on Thursday, hitting $5.445. The stock had a trading volume of 34,615 shares. Canadian Energy Services & Tech Corp has a 12-month low of $2.85 and a 12-month high of $6.55. The stock’s 50-day moving average is $4.93 and its 200-day moving average is $4.00. The stock’s market cap is $1.42 billion.

In related news, Director Thomas James Simons sold 300,000 shares of Canadian Energy Services & Tech Corp stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of C$5.75, for a total transaction of C$1,725,000.00. Also, Director Donald Michael Godfre Stewart sold 10,000 shares of Canadian Energy Services & Tech Corp stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of C$4.88, for a total value of C$48,800.00.

About Canadian Energy Services & Tech Corp

Canadian Energy Services & Technology Corp. is a Canada-based company, which designs, implements, and manufactures consumable fluids and specialty chemicals for the oil and gas industry. The Company operates in the Western Canadian Sedimentary Basin and in several basins throughout the United States.

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