Secure Energy Services Inc. (TSE:SES) Receives C$19.56 Average Target Price from Brokerages

Secure Energy Services Inc. (TSE:SES) has been assigned a consensus rating of “Hold” from the eight research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$19.56.

A number of research analysts recently commented on SES shares. Raymond James Financial increased their price target on Secure Energy Services from C$17.75 to C$22.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. Stifel Nicolaus increased their target price on Secure Energy Services from C$23.00 to C$23.50 and gave the company a “buy” rating in a research note on Friday, February 6th. Scotiabank decreased their price target on shares of Secure Energy Services from C$21.50 to C$20.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. Finally, National Bank Financial set a C$18.00 price target on shares of Secure Energy Services and gave the company a “sector perform” rating in a report on Friday, January 23rd.

Secure Energy Services Stock Performance

Secure Energy Services stock opened at C$18.84 on Thursday. Secure Energy Services has a 12-month low of C$12.04 and a 12-month high of C$21.15. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10. The company has a market capitalization of C$4.10 billion, a price-to-earnings ratio of 38.45, a price-to-earnings-growth ratio of 0.17 and a beta of 0.67. The firm’s fifty day moving average price is C$17.48 and its 200 day moving average price is C$17.56.

About Secure Energy Services

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions.