Canadian Energy Services & Technlgy Corp (TSE:CEU) had its target price lifted by analysts at RBC Capital Markets from C$7.00 to C$8.00 in a report released on Tuesday. The brokerage currently has an “outperform” rating on the stock. RBC Capital Markets’ target price points to a potential upside of 23.65% from the stock’s previous close.

Several other equities analysts also recently commented on the company. Scotiabank upped their price objective on Canadian Energy Services & Technlgy Corp from C$6.50 to C$8.00 and gave the company an “outperform” rating in a research report on Friday, November 11th. National Bank Financial upped their price objective on Canadian Energy Services & Technlgy Corp from C$4.50 to C$6.50 and gave the company an “outperform” rating in a research report on Friday, November 11th. Canaccord Genuity upped their price objective on Canadian Energy Services & Technlgy Corp from C$6.25 to C$8.00 and gave the company a “buy” rating in a research report on Friday, November 11th. Royal Bank Of Canada upped their price objective on Canadian Energy Services & Technlgy Corp from C$6.00 to C$7.00 in a research report on Thursday, October 13th. Finally, Raymond James Financial Inc. reaffirmed a “market perform” rating and issued a C$6.20 price objective on shares of Canadian Energy Services & Technlgy Corp in a research report on Friday, October 7th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of C$6.05.

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

Canadian Energy Services & Technlgy Corp (TSE:CEU) opened at 6.47 on Tuesday. The stock’s market cap is $1.69 billion. 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 $5.45 and a 200 day moving average price of $4.37.

In other news, Director Donald Michael Godfre Stewart sold 10,000 shares of the stock in a transaction on 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 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.

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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