National Bank Financial Increases Secure Energy Services Price Target to C$25.50 (SES)
National Bank Financial hoisted their price target on shares of Secure Energy Services (TSE:SES) from C$24.00 to C$25.50 in a research note issued on Friday. National Bank Financial’s price target would suggest a potential upside of 23.55% from the stock’s previous close.
A number of other analysts have also recently weighed in on SES. Analysts at Scotiabank raised their price target on shares of Secure Energy Services from C$22.00 to C$23.00 in a research note on Monday, May 12th. They now have a “sector perform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Secure Energy Services from C$22.50 to C$24.00 in a research note on Monday, May 12th. They now have a “buy” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Secure Energy Services from C$22.00 to C$23.00 in a research note on Friday, May 9th. They now have a “hold” rating on the stock. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of C$23.95.
Shares of Secure Energy Services (TSE:SES) traded up 19.86% on Friday, hitting $24.74. 1,066,199 shares of the company’s stock traded hands. Secure Energy Services has a one year low of $12.87 and a one year high of $21.12. The stock has a 50-day moving average of $19.78 and a 200-day moving average of $18.1. The company has a market cap of $2.927 billion and a price-to-earnings ratio of 52.92.
Secure Energy Services (TSE:SES) last released its earnings data on Monday, May 12th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.01. Analysts expect that Secure Energy Services will post $0.52 EPS for the current fiscal year.
The company also recently declared a jun 14 dividend, which is scheduled for Monday, June 16th. Stockholders of record on Sunday, June 1st will be given a dividend of $0.0167 per share. The ex-dividend date of this dividend is Wednesday, May 28th.
Secure Energy Services Inc (TSE:SES) is a diversified energy services company.
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