Total Energy Services (TSE:TOT) had its price target increased by research analysts at CIBC from C$17.50 to C$18.50 in a report released on Tuesday. CIBC’s price target indicates a potential upside of 36.94% from the company’s previous close.
Several other equities research analysts have also recently issued reports on the stock. GMP Securities lifted their price objective on shares of Total Energy Services from C$18.00 to C$20.00 in a research report on Monday, November 13th. BMO Capital Markets lifted their price objective on shares of Total Energy Services from C$14.00 to C$17.00 in a research report on Monday, November 13th.
Total Energy Services (TOT) traded down C$0.10 during trading on Tuesday, hitting C$13.51. 30,996 shares of the stock traded hands, compared to its average volume of 21,816. The stock has a market cap of $631.62, a PE ratio of -42.22 and a beta of 0.45. Total Energy Services has a 1-year low of C$11.24 and a 1-year high of C$15.47.
In other Total Energy Services news, Director Bruce Lawrence Pachkowski bought 2,500 shares of Total Energy Services stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average cost of C$15.00 per share, with a total value of C$37,500.00. Also, Director Glenn Orval James Dagenais bought 8,000 shares of Total Energy Services stock in a transaction dated Monday, December 18th. The stock was acquired at an average cost of C$14.14 per share, with a total value of C$113,120.00. Over the last three months, insiders purchased 12,000 shares of company stock valued at $172,340.
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About Total Energy Services
Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression).
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