Home Energy services Secure Energy Services Inc. (TSE: SES) Receives an Average “Buy” Recommendation from Brokerages

Secure Energy Services Inc. (TSE: SES) Receives an Average “Buy” Recommendation from Brokerages

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Secure Energy Services Inc. (TSE: SES) received an average “buy” recommendation from the eleven ratings companies that currently cover the stock, reports MarketBeat Ratings. Four investment analysts rated the stock with a Buy recommendation and two gave the company a Strong Buy recommendation. The 12-month average price target among analysts who have rated the stock over the past year is C$6.89.

Several research companies have commented on SES. CIBC raised its price target on shares of Secure Energy Services from CA$7.00 to CA$7.50 in a Thursday, January 13 research note. raised its price target on Secure Energy Services from C$6.60 to C$7.75 and gave the company a “buy” rating in a Monday, Nov. 1 research note. National Bankshares raised its target price on Secure Energy Services from C$6.50 to C$8.00 in a Wednesday, January 26 research note. Raymond James raised his price target on Secure Energy Services shares from C$7.25 to C$7.75 and gave the company a ‘Strong Buy’ rating in a Tuesday, November 2 research report . Finally, National Bank Financial raised its price target on Secure Energy Services stock to C$6.50 and gave the stock an “outperform” rating in a Monday, Nov. 1 research report.

HSE opened at C$6.00 on Wednesday. Secure Energy Services has a fifty-two week minimum of C$2.95 and a fifty-two week maximum of C$6.58. The company has a market capitalization of C$1.85 billion and a P/E ratio of -15.38. The company’s 50-day moving average is C$5.70 and its 200-day moving average is C$5.12. The company has a debt ratio of 103.38, a current ratio of 1.21 and a quick ratio of 0.96.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 17. Investors of record on Saturday January 1 received a dividend of $0.007. The ex-dividend date was Thursday, December 30. This represents a dividend of $0.03 on an annualized basis and a yield of 0.47%. The dividend distribution rate of Secure Energy Services is -7.69%.

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About secure energy services

Secure Energy Services Inc, an energy services company, provides specialized solutions to upstream oil and gas companies operating primarily in the Western Canadian Sedimentary Basin and the United States. The Company’s Midstream Infrastructure segment provides services, such as clean oil terminal, rail transshipment, pipeline transportation, crude oil marketing and custom processing, produced and waste water disposal, waste treatment fields and the purchase/resale of petroleum services through its full-service terminals. , railway facilities, oil pipelines, crude oil terminal facilities, sewage facilities and landfills.

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Analyst Recommendations for Secure Energy Services (TSE: SES)

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