Q3 2017 EPS Estimates for Secure Energy Services Inc Decreased by Raymond James Financial (SES)
Secure Energy Services Inc (TSE:SES) – Raymond James Financial lowered their Q3 2017 earnings estimates for Secure Energy Services in a research note issued on Friday. Raymond James Financial analyst A. Bradford now anticipates that the brokerage will post earnings per share of $0.03 for the quarter, down from their prior forecast of $0.06. Raymond James Financial has a “Outperform” rating and a $12.00 price target on the stock. Raymond James Financial also issued estimates for Secure Energy Services’ Q4 2017 earnings at $0.05 EPS, Q1 2018 earnings at $0.08 EPS and FY2018 earnings at $0.21 EPS.
SES has been the topic of several other research reports. Scotiabank upgraded shares of Secure Energy Services from a “sector perform” rating to an “outperform” rating and set a C$12.00 target price on the stock in a report on Thursday, July 28th. TD Securities reaffirmed an “action list buy” rating and set a C$14.00 price target on shares of Secure Energy Services in a research note on Wednesday, July 13th. Finally, Cormark reaffirmed a “buy” rating on shares of Secure Energy Services in a research note on Friday, September 9th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$11.11.
Shares of Secure Energy Services (TSE:SES) opened at 9.42 on Monday. Secure Energy Services has a 52 week low of $5.33 and a 52 week high of $10.50. The firm’s market cap is $1.50 billion. The stock’s 50 day moving average is $8.99 and its 200 day moving average is $8.83.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/q3-2017-eps-estimates-for-secure-energy-services-inc-decreased-by-raymond-james-financial-ses.html
About Secure Energy Services
Secure Energy Services Inc is an energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.
Receive News & Ratings for Secure Energy Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.