Canadian Energy Services & Technlgy Corp (TSE:CEU) had its price target hoisted by investment analysts at Scotiabank from C$6.50 to C$8.00 in a report released on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 25.20% from the company’s previous close.

Several other brokerages have also commented on CEU. Canaccord Genuity upped their price target on Canadian Energy Services & Technlgy Corp from C$5.25 to C$5.50 and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. National Bank Financial upped their price target on Canadian Energy Services & Technlgy Corp from C$4.00 to C$4.50 in a research note on Wednesday, August 3rd. FirstEnergy Capital upgraded Canadian Energy Services & Technlgy Corp from an “underperform” rating to a “market perform” rating in a research note on Tuesday, August 2nd. AltaCorp Capital upped their price target on Canadian Energy Services & Technlgy Corp from C$5.25 to C$5.50 in a research note on Monday, August 15th. Finally, Eurobank EFG upped their price target on Canadian Energy Services & Technlgy Corp from C$4.30 to C$5.00 in a research note on Monday, August 15th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of C$5.95.

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

Canadian Energy Services & Technlgy Corp (TSE:CEU) opened at 6.39 on Friday. Canadian Energy Services & Technlgy Corp has a 52 week low of $2.85 and a 52 week high of $6.75. The stock has a 50 day moving average price of $5.40 and a 200 day moving average price of $4.35. The stock’s market cap is $1.67 billion.

In related news, Director Donald Michael Godfre Stewart sold 10,000 shares of the stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of C$4.88, for a total value of C$48,800.00. Also, Director Thomas James Simons sold 300,000 shares of the 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.

About Canadian Energy Services & Technlgy Corp

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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