Canadian Energy Services & Technlgy Corp (TSE:CEU) had its price objective raised by stock analysts at National Bank Financial from C$4.50 to C$6.50 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 1.72% from the stock’s previous close.

CEU has been the subject of several other reports. AltaCorp Capital raised their price objective on Canadian Energy Services & Technlgy Corp from C$5.25 to C$5.50 in a research note on Monday, August 15th. FirstEnergy Capital raised Canadian Energy Services & Technlgy Corp from an “underperform” rating to a “market perform” rating in a research report on Tuesday, August 2nd. Scotiabank reaffirmed a “focus stock” rating and issued a C$6.50 target price on shares of Canadian Energy Services & Technlgy Corp in a research report on Monday, August 15th. Canaccord Genuity raised their target price on Canadian Energy Services & Technlgy Corp from C$5.50 to C$6.25 and gave the stock a “buy” rating in a research report on Thursday, October 13th. Finally, RBC Capital Markets raised their target price on Canadian Energy Services & Technlgy Corp from C$6.00 to C$7.00 in a research report on Thursday, October 13th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Canadian Energy Services & Technlgy Corp currently has an average rating of “Buy” and an average price target of C$5.95.

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

Shares of Canadian Energy Services & Technlgy Corp (TSE:CEU) opened at 6.39 on Friday. The stock has a 50 day moving average price of $5.40 and a 200-day moving average price of $4.35. The firm’s market cap is $1.67 billion. Canadian Energy Services & Technlgy Corp has a 1-year low of $2.85 and a 1-year high of $6.75.

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

Canadian Energy Services & Technlgy Corp Company Profile

Canadian Energy Services and 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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