Shares of Essential Energy Services Ltd (TSE:ESN) have earned a consensus rating of “Buy” from the six ratings firms that are presently covering the firm. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$0.92.

ESN has been the topic of a number of research reports. TD Securities restated a “buy” rating and issued a C$0.90 price target on shares of Essential Energy Services in a research note on Thursday, August 11th. Clarus Securities cut Essential Energy Services from a “buy” rating to a “hold” rating in a report on Thursday, August 11th. Raymond James Financial Inc. decreased their target price on Essential Energy Services from C$1.40 to C$1.35 and set a “strong-buy” rating on the stock in a report on Thursday, October 13th. Finally, Canaccord Genuity decreased their target price on Essential Energy Services from C$0.75 to C$0.65 and set a “hold” rating on the stock in a report on Monday, November 14th.

TRADEMARK VIOLATION WARNING: “Analysts Set Essential Energy Services Ltd (ESN) PT at $0.92” was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece of content can be accessed at

Essential Energy Services (TSE:ESN) opened at 0.55 on Monday. The stock has a 50 day moving average price of $0.58 and a 200-day moving average price of $0.64. Essential Energy Services has a 12-month low of $0.45 and a 12-month high of $0.78. The stock’s market capitalization is $78.02 million.

About Essential Energy Services

Essential Energy Services Ltd. provides oilfield services to oil and gas exploration and production companies in western Canada. The Company operates through two segments: Well Servicing, and Downhole Tools & Rentals. The Well Servicing segment provides well completion, production and workover services throughout the Western Canadian Sedimentary Basin (WCSB).

Receive News & Ratings for Essential Energy Services Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essential Energy Services Ltd and related companies with's FREE daily email newsletter.