Ensign Energy Services Inc (ESI) PT Raised to C$10.50 at CIBC
Ensign Energy Services Inc (TSE:ESI) had its target price upped by equities researchers at CIBC from C$9.00 to C$10.50 in a note issued to investors on Thursday. CIBC’s target price would suggest a potential upside of 60.31% from the stock’s current price.
ESI has been the subject of a number of other research reports. Raymond James Financial, Inc. upgraded Ensign Energy Services from a “market perform” rating to an “outperform” rating in a report on Monday, April 17th. Royal Bank Of Canada reissued an “outperform” rating and set a C$10.00 price target on shares of Ensign Energy Services in a research report on Thursday, March 30th. BMO Capital Markets boosted their price target on Ensign Energy Services from C$8.50 to C$10.00 in a research report on Tuesday, May 9th. Scotiabank lowered Ensign Energy Services from a “sector perform” rating to an “underperform” rating and reduced their price target for the stock from C$9.50 to C$8.50 in a research report on Tuesday, May 9th. Finally, Canaccord Genuity reduced their price target on Ensign Energy Services from C$8.50 to C$7.50 in a research report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of C$9.59.
Shares of Ensign Energy Services (TSE ESI) opened at 6.55 on Thursday. The stock’s 50 day moving average is $6.80 and its 200 day moving average is $7.82. Ensign Energy Services has a 12 month low of $6.27 and a 12 month high of $10.41. The firm’s market cap is $1.02 billion.
In related news, Director Thomas Joseph Connors purchased 18,500 shares of Ensign Energy Services stock in a transaction that occurred on Friday, June 23rd. The shares were purchased at an average cost of C$6.70 per share, with a total value of C$123,950.00.
Ensign Energy Services Company Profile
Ensign Energy Services Inc is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services.
Receive News & Ratings for Ensign Energy Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ensign Energy Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.