Secure Energy Services (TSE:SES) Given a C$15.00 Price Target by Royal Bank Of Canada Analysts

Secure Energy Services (TSE:SES) has been assigned a C$15.00 price objective by investment analysts at Royal Bank Of Canada in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 0.13% from the company’s current price.

A number of other brokerages have also issued reports on SES. Raymond James Financial lifted their target price on Secure Energy Services from C$16.25 to C$18.00 in a research report on Monday, February 24th. CIBC lifted their price objective on shares of Secure Energy Services from C$15.25 to C$15.75 and gave the company a “neutral” rating in a report on Monday, May 5th. Scotiabank reduced their target price on shares of Secure Energy Services from C$19.50 to C$19.00 and set an “outperform” rating for the company in a report on Monday, May 5th. Stifel Canada upgraded shares of Secure Energy Services to a “strong-buy” rating in a research note on Thursday, May 29th. Finally, BMO Capital Markets decreased their price objective on Secure Energy Services from C$20.00 to C$18.00 in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Secure Energy Services has an average rating of “Buy” and a consensus price target of C$18.03.

Secure Energy Services Price Performance

Shares of TSE SES opened at C$15.02 on Thursday. The company has a fifty day moving average price of C$14.11 and a 200 day moving average price of C$14.79. The firm has a market cap of C$3.49 billion, a PE ratio of 5.89, a PEG ratio of 0.17 and a beta of 2.41. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24. Secure Energy Services has a 1-year low of C$11.13 and a 1-year high of C$17.13.

Secure Energy Services Company Profile

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.