Canadian Energy Services & Tech Corp (TSE:CEU) had its price objective boosted by Royal Bank Of Canada from C$6.00 to C$7.00 in a report issued on Thursday.

Several other analysts also recently weighed in on the company. FirstEnergy Capital boosted their price objective on Canadian Energy Services & Tech Corp from C$4.00 to C$4.25 in a research report on Monday, August 15th. Eurobank EFG boosted their price objective on Canadian Energy Services & Tech Corp from C$4.30 to C$5.00 in a research report on Monday, August 15th. AltaCorp Capital boosted their price objective on Canadian Energy Services & Tech Corp from C$5.25 to C$5.50 in a research report on Monday, August 15th. RBC Capital Markets boosted their price objective on Canadian Energy Services & Tech Corp from C$6.00 to C$7.00 in a research report on Thursday. Finally, National Bank Financial boosted their price objective on Canadian Energy Services & Tech Corp from C$4.00 to C$4.50 in a research report on Wednesday, August 3rd. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of C$5.42.

Analyst Recommendations for Canadian Energy Services & Tech Corp (TSE:CEU)

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

In related news, Director Thomas James Simons sold 300,000 shares of the company’s stock in a transaction on Thursday, October 6th. The stock was sold at an average price of C$5.75, for a total value of C$1,725,000.00. Also, Director Donald Michael Godfre Stewart sold 10,000 shares of the company’s stock in a transaction 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.

Canadian Energy Services & Tech Corp Company Profile

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.

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