Total Energy Services Inc. (TOT) Rating Reiterated by Scotiabank
Total Energy Services Inc. (TSE:TOT)‘s stock had its “sector perform” rating reissued by equities researchers at Scotiabank in a research note issued to investors on Friday. They presently have a C$15.00 target price on the stock. Scotiabank’s price target would indicate a potential upside of 18.02% from the stock’s current price.
Several other research analysts also recently commented on TOT. TD Securities reaffirmed a “hold” rating and set a C$14.00 target price on shares of Total Energy Services in a report on Thursday, August 11th. AltaCorp Capital reaffirmed an “outperform” rating on shares of Total Energy Services in a report on Monday, August 15th. Finally, Canaccord Genuity cut their target price on Total Energy Services from C$16.25 to C$16.00 in a report on Thursday, October 13th.
Total Energy Services (TSE:TOT) opened at 12.71 on Friday. The stock’s 50 day moving average price is $13.00 and its 200 day moving average price is $13.12. Total Energy Services has a 52-week low of $11.07 and a 52-week high of $14.98. The firm’s market capitalization is $393.69 million.
In other Total Energy Services news, insider Total Energy Services Inc acquired 10,000 shares of the stock in a transaction dated Thursday, September 8th. The stock was purchased at an average cost of C$12.82 per share, with a total value of C$128,200.00.
Total Energy Services Company Profile
Total Energy Services Inc is an energy services company. The Company operates through various segments, including Contract Drilling Services, which includes the contracting of drilling equipment and the provision of labor required to operate the equipment; Rentals and Transportation Services, which includes the rental and transportation of equipment used in oil and natural gas drilling, completion and production operations; Compression and Process Services, which includes the fabrication, sale, rental and servicing of natural gas compression and process equipment, and Other.
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