TD Securities Boosts Secure Energy Services Inc. (SES) Price Target to C$12.50
Secure Energy Services Inc. (TSE:SES) had its price objective boosted by TD Securities from C$12.00 to C$12.50 in a research note issued to investors on Friday. They currently have a buy rating on the stock.
Separately, Raymond James Financial, Inc. lifted their target price on Secure Energy Services from C$12.90 to C$13.00 and gave the company a strong-buy rating in a research report on Wednesday, August 2nd.
Shares of Secure Energy Services (SES) opened at C$8.38 on Friday. Secure Energy Services has a 12-month low of C$6.96 and a 12-month high of C$12.04.
The firm also recently declared a monthly dividend, which will be paid on Monday, January 15th. Shareholders of record on Monday, January 1st will be given a dividend of $0.023 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from Secure Energy Services’s previous monthly dividend of $0.02. Secure Energy Services’s payout ratio is -186.54%.
In other Secure Energy Services news, insider Rene Amirault sold 6,640 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of C$7.40, for a total transaction of C$49,136.00. In the last three months, insiders have sold 8,003 shares of company stock worth $59,296.
Secure Energy Services Company Profile
Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.
Receive News & Stock Ratings for Secure Energy Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services Inc. and related stocks with our FREE daily email newsletter.