Shares of Ensign Energy Services Inc (TSE:ESI) have been assigned a consensus rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$9.90.

A number of analysts recently commented on the company. Raymond James Financial, Inc. reaffirmed a “market perform” rating and issued a C$9.45 target price on shares of Ensign Energy Services in a research report on Monday, March 6th. Scotiabank reaffirmed a “sector perform” rating and issued a C$9.50 target price on shares of Ensign Energy Services in a research report on Tuesday, March 7th. CIBC reaffirmed a “neutral” rating and issued a C$12.50 target price on shares of Ensign Energy Services in a research report on Tuesday, March 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$10.00 target price on shares of Ensign Energy Services in a research report on Thursday, March 30th. Finally, BMO Capital Markets boosted their target price on Ensign Energy Services from C$8.50 to C$10.00 in a research report on Tuesday, May 9th.

Ensign Energy Services (ESI) traded up 0.44% during midday trading on Tuesday, reaching $6.85. The company had a trading volume of 213,112 shares. Ensign Energy Services has a 12-month low of $6.27 and a 12-month high of $10.40. The company’s market capitalization is $1.06 billion. The stock has a 50-day moving average price of $7.09 and a 200 day moving average price of $8.21.

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In related news, Director Thomas Joseph Connors acquired 11,600 shares of the firm’s stock in a transaction on Monday, June 19th. The stock was purchased at an average cost of C$6.82 per share, with a total value of C$79,112.00.

About Ensign Energy Services

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.

Analyst Recommendations for Ensign Energy Services (TSE:ESI)

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