CES Energy Solutions Corp. (OTCMKTS:CESDF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

Several research analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CES Energy Solutions in a research report on Monday, May 11th. National Bank Financial lowered CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, May 12th. Scotiabank reaffirmed an “outperform” rating on shares of CES Energy Solutions in a research report on Monday, May 11th. BMO Capital Markets raised CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research report on Wednesday. Finally, TD Securities reaffirmed a “hold” rating on shares of CES Energy Solutions in a research report on Friday, May 8th.

CES Energy Solutions Stock Up 1.5%

Shares of OTCMKTS:CESDF opened at $11.65 on Tuesday. CES Energy Solutions has a 12-month low of $4.78 and a 12-month high of $14.25. The business has a fifty day simple moving average of $12.75 and a 200 day simple moving average of $11.71.

CES Energy Solutions Company Profile

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.