Secure Energy Services Inc. (TSE:SES) Given Consensus Rating of “Hold” by Analysts

Secure Energy Services Inc. (TSE:SES) has received a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation. The average 1 year price target among analysts that have covered the stock in the last year is C$23.16.

Several brokerages recently issued reports on SES. Raymond James Financial cut Secure Energy Services from a “moderate buy” rating to a “hold” rating and boosted their price target for the company from C$22.00 to C$24.75 in a research note on Tuesday, April 14th. BMO Capital Markets boosted their price target on Secure Energy Services from C$20.00 to C$24.75 in a research note on Tuesday, April 14th. Stifel Nicolaus cut Secure Energy Services from a “buy” rating to a “hold” rating and cut their price target for the company from C$26.00 to C$23.00 in a research note on Tuesday, April 14th. Scotiabank boosted their price target on Secure Energy Services from C$20.00 to C$21.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Finally, National Bank Financial boosted their price target on Secure Energy Services from C$21.00 to C$23.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st.

Secure Energy Services Trading Up 0.2%

Shares of TSE:SES opened at C$21.72 on Wednesday. Secure Energy Services has a 12-month low of C$14.90 and a 12-month high of C$23.90. The stock has a market cap of C$4.74 billion, a PE ratio of 40.22, a P/E/G ratio of 0.17 and a beta of 0.22. The business has a 50 day moving average of C$21.87 and a 200-day moving average of C$19.78. The company has a quick ratio of 1.10, a current ratio of 1.37 and a debt-to-equity ratio of 151.35.

Secure Energy Services Company Profile

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.