Secure Energy Services Price Target Increased to C$28.00 by Analysts at FirstEnergy Capital (SES)
FirstEnergy Capital boosted their price objective on shares of Secure Energy Services (TSE:SES) from C$23.00 to C$28.00 in a research note issued on Friday. FirstEnergy Capital’s price objective indicates a potential upside of 35.66% from the stock’s previous close.
A number of other analysts have also recently weighed in on SES. Analysts at Canaccord Genuity raised their price target on shares of Secure Energy Services from C$24.00 to C$25.00 in a research note on Friday. Separately, analysts at RBC Capital raised their price target on shares of Secure Energy Services from C$22.00 to C$24.00 in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Secure Energy Services from C$24.00 to C$25.50 in a research note on Friday. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of C$23.95.
Secure Energy Services (TSE:SES) traded up 19.91% on Friday, hitting $24.75. The stock had a trading volume of 1,024,527 shares. Secure Energy Services has a 1-year low of $12.87 and a 1-year high of $21.12. The stock’s 50-day moving average is $19.78 and its 200-day moving average is $18.1. The company has a market cap of $2.929 billion and a P/E ratio of 52.92.
Secure Energy Services (TSE:SES) last issued its quarterly 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. Investors 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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