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

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDF) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. BMO Capital Markets raised shares of CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research note on Wednesday, June 24th. TD Securities restated a “hold” rating on shares of CES Energy Solutions in a report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. Finally, National Bank Financial lowered shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a report on Tuesday, May 12th.

CES Energy Solutions Trading Up 3.6%

CESDF opened at $12.23 on Friday. CES Energy Solutions has a 12-month low of $4.98 and a 12-month high of $14.25. The stock has a fifty day simple moving average of $12.11 and a two-hundred day simple moving average of $12.05.

About CES Energy Solutions

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.