Total Energy Services Now Covered by Canaccord Genuity (TOT)
Stock analysts at Canaccord Genuity assumed coverage on shares of Total Energy Services (TSE:TOT) in a report issued on Tuesday, AR Network reports. The firm set a “buy” rating and a C$24.00 price target on the stock. Canaccord Genuity’s price target indicates a potential upside of 22.95% from the stock’s previous close.
TOT has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector perform” rating on shares of Total Energy Services in a research note to investors on Tuesday, November 26th. Separately, analysts at RBC Capital raised their price target on shares of Total Energy Services from C$19.00 to C$20.00 in a research note to investors on Tuesday, November 26th. They now have a “sector perform” rating on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of C$21.40.
The company also recently announced a dividend, which is scheduled for Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a dividend of 0.0471 per share. The ex-dividend date is Friday, December 27th.
Total Energy Services Incis an energy service company. It is engaged in providing contract drilling services, rental and transportation of equipment used in oil and natural gas drilling, completion and production processes and the fabrication, sale, rental and servicing of natural gas compression equipment to oil and gas exploration and production companies located primarily in western Canada.
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