Canaccord Genuity reiterated their buy rating on shares of Source Energy Services Ltd (TSE:SHLE) in a research note published on Wednesday morning. Canaccord Genuity currently has a C$9.00 target price on the stock.

Separately, Royal Bank Of Canada reiterated an outperform rating and issued a C$13.00 price objective on shares of Source Energy Services in a research report on Tuesday, May 23rd. Five investment analysts have rated the stock with a buy rating, Source Energy Services currently has an average rating of Buy and a consensus target price of C$14.60.

Source Energy Services (TSE SHLE) opened at 8.05 on Wednesday. The company’s 50-day moving average is $7.70 and its 200 day moving average is $8.36. Source Energy Services has a 12 month low of $5.68 and a 12 month high of $10.80. The company’s market cap is $415.51 million.

COPYRIGHT VIOLATION NOTICE: “Canaccord Genuity Reaffirms “Buy” Rating for Source Energy Services Ltd (SHLE)” was posted by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/15/canaccord-genuity-reaffirms-buy-rating-for-source-energy-services-ltd-shle.html.

Source Energy Services Company Profile

Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand primarily to the Western Canadian Sedimentary Basin. The Northern White frac sand is a preferred proppant used to enhance hydrocarbon recovery in the hydraulic fracturing of oil and natural gas wells. Source Energy Services Ltd.

Analyst Recommendations for Source Energy Services (TSE:SHLE)

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