Essential Energy Services Ltd (ESN) Given New C$0.70 Price Target at Canaccord Genuity
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.
ILLEGAL ACTIVITY WARNING: “Essential Energy Services Ltd (ESN) Given New C$0.70 Price Target at Canaccord Genuity” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/07/11/essential-energy-services-ltd-esn-given-new-c0-70-price-target-at-canaccord-genuity.html.
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.
Receive News & Ratings for Essential Energy Services Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Energy Services Ltd and related companies with MarketBeat.com's FREE daily email newsletter.