PHX Energy Services Corp (TSE:PHX) had its target price raised by Scotiabank from C$4.50 to C$5.50 in a report issued on Friday morning. The brokerage currently has an outperform rating on the stock.

PHX has been the topic of a number of other research reports. BMO Capital Markets raised their price objective on shares of PHX Energy Services Corp from C$3.00 to C$3.25 in a report on Saturday, August 6th. AltaCorp Capital raised their price objective on shares of PHX Energy Services Corp from C$3.50 to C$3.75 and gave the stock an outperform rating in a report on Wednesday, September 7th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of C$3.50.

PHX Energy Services Corp (TSE:PHX) opened at 4.07 on Friday. The stock has a 50 day moving average of $3.34 and a 200-day moving average of $2.83. The company’s market cap is $206.32 million. PHX Energy Services Corp has a one year low of $1.10 and a one year high of $4.29.

PHX Energy Services Corp Company Profile

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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