Secure Energy Services Inc (SES) Price Target Raised to C$12.00
Several other research firms also recently weighed in on SES. Raymond James Financial Inc. downgraded Secure Energy Services from a strong-buy rating to an outperform rating and increased their price objective for the company from C$10.75 to C$12.00 in a report on Friday, October 7th. TD Securities reaffirmed a buy rating and set a C$12.00 price target on shares of Secure Energy Services in a report on Wednesday, September 28th. Cormark reaffirmed a buy rating on shares of Secure Energy Services in a report on Friday, September 9th. Finally, Scotiabank downgraded Secure Energy Services from an outperform rating to a sector perform rating and set a C$12.00 price target for the company. in a report on Monday, September 12th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of C$11.18.
Shares of Secure Energy Services (TSE:SES) opened at 9.16 on Thursday. Secure Energy Services has a 52 week low of $5.33 and a 52 week high of $10.21. The firm’s 50-day moving average is $8.96 and its 200 day moving average is $8.87. The firm’s market cap is $1.46 billion.
About Secure Energy Services
Secure Energy Services Inc is an energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.
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