Shares of Savanna Energy Services Corp. (TSE:SVY) have earned a consensus rating of “Buy” from the seven analysts that are covering the firm. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$2.62.

A number of brokerages recently issued reports on SVY. Scotiabank reiterated a “sector perform” rating and issued a C$2.50 target price on shares of Savanna Energy Services Corp. in a report on Friday, August 5th. TD Securities cut their target price on Savanna Energy Services Corp. from C$2.25 to C$2.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. Finally, Raymond James Financial Inc. cut their target price on Savanna Energy Services Corp. from C$3.75 to C$3.50 in a report on Friday, October 7th.

Savanna Energy Services Corp. (TSE:SVY) opened at 1.37 on Tuesday. Savanna Energy Services Corp. has a 52-week low of $0.97 and a 52-week high of $1.98. The company’s market capitalization is $126.32 million. The firm’s 50-day moving average is $1.39 and its 200-day moving average is $1.51.

About Savanna Energy Services Corp.

Savanna Energy Services Corp. (Savanna) is a drilling, well servicing and oilfield rentals company. The Company operates through three segments: corporate, services and drilling. The corporate segment provides management and administrative services to its subsidiaries and their respective operations.

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