Total Energy Services Inc (TSE:TOT) was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Tuesday. The firm presently has a C$68.00 price target on the stock, up from their previous price target of C$36.00. BMO Capital Markets’ target price suggests a potential upside of 456.46% from the stock’s current price.

Several other research analysts also recently commented on TOT. CIBC upgraded Total Energy Services from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 18th. Canaccord Genuity reduced their target price on Total Energy Services from C$17.50 to C$16.00 in a research note on Tuesday, July 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$26.30.

Shares of Total Energy Services (TSE TOT) traded down 1.31% during midday trading on Tuesday, hitting $12.06. The company had a trading volume of 28,037 shares. The firm’s market capitalization is $529.31 million. Total Energy Services has a 12-month low of $11.58 and a 12-month high of $16.00. The firm’s 50-day moving average is $12.60 and its 200-day moving average is $13.64.

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In other news, insider William John George Kosich purchased 22,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 27th. The stock was acquired at an average cost of C$13.33 per share, with a total value of C$299,925.00. Also, Director Randy Kwasnicia purchased 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The shares were purchased at an average cost of C$12.48 per share, with a total value of C$31,200.00. Over the last three months, insiders have purchased 31,640 shares of company stock valued at $413,749.

About Total Energy Services

Total Energy Services Inc operates as an energy services company in Canada. It operates through three segments: Contract Drilling Services, Rentals and Transportation Services, and Compression and Process Services. The Contract Drilling Services segment offers contract drilling equipment and services, as well as operates a fleet of 18 rigs in Canada.

Analyst Recommendations for Total Energy Services (TSE:TOT)

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