Secure Energy Services Inc (SES) Price Target Raised to C$12.00
Secure Energy Services Inc (TSE:SES) had its target price hoisted by stock analysts at Canaccord Genuity from C$11.50 to C$12.00 in a research report issued to clients and investors on Thursday. Canaccord Genuity’s price target would suggest a potential upside of 31.72% from the stock’s current price.
A number of other research analysts also recently commented on SES. Scotiabank downgraded Secure Energy Services from an “outperform” rating to a “sector perform” rating and set a C$12.00 target price on the stock. in a research note on Monday, September 12th. TD Securities restated an “action list buy” rating and issued a C$14.00 target price on shares of Secure Energy Services in a research note on Wednesday, July 13th. Cormark restated a “buy” rating on shares of Secure Energy Services in a research note on Friday, September 9th. Finally, Raymond James Financial Inc. upgraded Secure Energy Services from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, July 28th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$11.18.
Shares of Secure Energy Services (TSE:SES) traded down 0.44% on Thursday, hitting $9.07. The stock had a trading volume of 346,789 shares. Secure Energy Services has a 1-year low of $5.33 and a 1-year high of $10.21. The stock’s market cap is $1.45 billion. The firm’s 50-day moving average is $8.98 and its 200 day moving average is $8.84.
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Secure Energy Services Company Profile
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.
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