Total Energy Services Receives Consensus Rating of “Buy” from Brokerages (TSE:TOT)
Total Energy Services (TSE:TOT) has received an average recommendation of “Buy” from the eight ratings firms that are covering the stock, Analyst Ratings Net reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$24.50.
Shares of Total Energy Services (TSE:TOT) opened at 22.85 on Wednesday. Total Energy Services has a 52 week low of $15.06 and a 52 week high of $24.00. The stock has a 50-day moving average of $22.48 and a 200-day moving average of $21.04. The company has a market cap of $713.7 million and a P/E ratio of 17.47.
Total Energy Services (TSE:TOT) last announced its earnings results on Tuesday, May 13th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.05. On average, analysts predict that Total Energy Services will post $1.65 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on TOT shares. Analysts at Paradigm Capital raised their price target on shares of Total Energy Services from C$23.00 to C$23.50 in a research note on Tuesday, July 15th. Separately, analysts at FirstEnergy Capital cut their price target on shares of Total Energy Services from C$26.00 to C$25.00 in a research note on Tuesday, May 13th. Finally, analysts at TD Securities upgraded shares of Total Energy Services from a “hold” rating to a “buy” rating in a research note on Tuesday, May 13th. They now have a C$26.00 price target on the stock, up previously from C$25.00.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.