Essential Energy Services Ltd (TSE:ESN) had its price objective cut by equities researchers at Canaccord Genuity from C$0.90 to C$0.70 in a research report issued on Tuesday. Canaccord Genuity’s price target points to a potential upside of 14.75% from the company’s previous close.

Separately, AltaCorp Capital cut shares of Essential Energy Services from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, April 18th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$1.05.

Essential Energy Services (TSE ESN) traded up 1.64% on Tuesday, hitting $0.62. 11,743 shares of the stock traded hands. Essential Energy Services has a 12 month low of $0.52 and a 12 month high of $0.90. The firm has a 50-day moving average price of $0.67 and a 200-day moving average price of $0.72. The company’s market capitalization is $87.95 million.

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Essential Energy Services Company Profile

Essential Energy Services Ltd is a Canada-based company, which provides oilfield services to oil and natural gas producers, primarily in western Canada.

Analyst Recommendations for Essential Energy Services (TSE:ESN)

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