CES Energy Solutions Corp (TSE:CEU) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$8.67.

A number of research analysts recently issued reports on the stock. Raymond James Financial, Inc. reiterated a “strong-buy” rating and issued a C$8.50 price target on shares of CES Energy Solutions Corp in a research note on Wednesday, August 30th. Canaccord Genuity lifted their price target on shares of CES Energy Solutions Corp from C$7.50 to C$8.00 in a research note on Monday, August 14th.

WARNING: “CES Energy Solutions Corp (CEU) Receives Average Rating of “Buy” from Analysts” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was illegally copied and republished in violation of U.S. and international trademark and copyright law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/11/ces-energy-solutions-corp-ceu-receives-average-rating-of-buy-from-analysts.html.

In other news, Director Burton Joel Ahrens sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$5.53, for a total transaction of C$55,300.00. Also, Director Thomas James Simons sold 152,455 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of C$5.35, for a total transaction of C$815,634.25. Insiders sold 317,811 shares of company stock valued at $1,702,011 in the last quarter.

Shares of CES Energy Solutions Corp (TSE:CEU) traded up 5.11% during midday trading on Wednesday, hitting $6.99. 912,998 shares of the stock traded hands. CES Energy Solutions Corp has a 52-week low of $4.89 and a 52-week high of $8.65. The company’s market cap is $1.86 billion. The stock has a 50-day moving average of $5.79 and a 200-day moving average of $6.20.

CES Energy Solutions Corp Company Profile

CES Energy Solutions Corp, formerly Canadian Energy Services & Technology Corp, is a Canada-based provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. The Company offers total solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Analyst Recommendations for CES Energy Solutions Corp (TSE:CEU)

Receive News & Ratings for CES Energy Solutions Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions Corp and related companies with MarketBeat.com's FREE daily email newsletter.