PHX Energy Services Corp (TSE:PHX) Receives C$3.33 Consensus Target Price from Analysts
PHX Energy Services Corp (TSE:PHX) has earned an average rating of “Hold” from the eight research firms that are covering the firm. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$3.33.
Several research firms have recently commented on PHX. Scotiabank reaffirmed an “outperform” rating and set a C$4.50 price target on shares of PHX Energy Services Corp in a research report on Tuesday, August 30th. AltaCorp Capital lifted their price target on shares of PHX Energy Services Corp from C$3.50 to C$3.75 and gave the company an “outperform” rating in a research report on Wednesday, September 7th. Finally, BMO Capital Markets lifted their price target on shares of PHX Energy Services Corp from C$3.00 to C$3.25 in a research report on Saturday, August 6th.
Shares of PHX Energy Services Corp (TSE:PHX) opened at 3.50 on Tuesday. The firm’s market cap is $177.43 million. The stock has a 50 day moving average price of $3.08 and a 200-day moving average price of $2.74. PHX Energy Services Corp has a 52-week low of $1.10 and a 52-week high of $3.70.
About PHX Energy Services Corp
PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia.
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