Ensign Energy Services Inc. (ESI) PT Raised to C$8.00 at Raymond James Financial Inc.
Ensign Energy Services Inc. (TSE:ESI) had its price target boosted by stock analysts at Raymond James Financial Inc. from C$7.50 to C$8.00 in a research note issued to investors on Friday. Raymond James Financial Inc.’s target price suggests a potential downside of 0.99% from the company’s current price.
ESI has been the topic of several other research reports. BMO Capital Markets increased their price target on Ensign Energy Services from C$8.00 to C$8.50 and gave the stock a “market perform” rating in a report on Wednesday, August 10th. Canaccord Genuity cut their price target on Ensign Energy Services from C$8.25 to C$8.00 and set a “hold” rating on the stock in a report on Wednesday, August 10th. FirstEnergy Capital increased their price target on Ensign Energy Services from C$9.50 to C$10.00 in a report on Wednesday, August 10th. TD Securities reiterated a “hold” rating and issued a C$8.00 price target on shares of Ensign Energy Services in a report on Wednesday, August 10th. Finally, CIBC increased their price target on Ensign Energy Services from C$8.50 to C$8.75 in a report on Wednesday, July 20th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of C$7.73.
Ensign Energy Services (TSE:ESI) traded down 0.12% on Friday, hitting $8.07. The company had a trading volume of 76,589 shares. The stock has a 50 day moving average of $7.60 and a 200-day moving average of $7.25. The stock’s market capitalization is $1.23 billion. Ensign Energy Services has a one year low of $4.72 and a one year high of $9.69.
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In other Ensign Energy Services news, insider Robert Harold Geddes sold 25,000 shares of the firm’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of C$7.70, for a total value of C$192,500.00. Also, Director Thomas Joseph Connors sold 9,802 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of C$7.75, for a total value of C$75,965.50.
Ensign Energy Services Company Profile
Ensign Energy Services Inc is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services.
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