Secure energy services (TSE: SES – Get a rating) saw its price target raised by Raymond James research analysts from C$7.75 to C$8.25 in a research report delivered to clients and investors on Friday, BayStreet.CA reports. The company currently has a “Strong Buy” rating on the stock. Raymond James’ target price would suggest a potential upside of 47.85% from the company’s current price.
Other equity research analysts have also published reports on the company. National Bankshares raised its target price on Secure Energy Services from CA$6.50 to CA$8.00 in a Wednesday, January 26 research report. CIBC raised its price target on Secure Energy Services from CA$7.00 to CA$7.50 in a Thursday, January 13 report. Finally, BMO Capital Markets reiterated a “buy” rating and issued a C$7.50 target price on Secure Energy Services shares in a report on Friday. Seven equity research analysts gave the stock a buy rating and two gave the stock a strong buy rating. According to MarketBeat, Secure Energy Services has an average buy rating and consensus price target of CA$7.23.
Shares of TSE SES were down C$0.14 during Friday’s session, hitting C$5.58. The company had a trading volume of 1,044,101 shares, against an average volume of 865,473. Secure Energy Services has a 52-week low of C$3.15 and a 52-week high of C$6.58 CAN. The company’s 50-day moving average is C$5.85 and its 200-day moving average is C$5.21. The company has a market capitalization of C$1.72 billion and a P/E ratio of -14.28. The company has a debt ratio of 103.38, a quick ratio of 0.96 and a current ratio of 1.21.
About secure energy services (Get a rating)
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.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Secure Energy Services right now?
Before you consider Secure Energy Services, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Secure Energy Services was not on the list.
Although Secure Energy Services currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here