Scotiabank Reaffirms Outperform Rating for Source Energy Services Ltd (SHLE)
Scotiabank reissued their outperform rating on shares of Source Energy Services Ltd (TSE:SHLE) in a research note issued to investors on Tuesday morning. They currently have a C$17.50 target price on the stock.
Other analysts have also recently issued research reports about the stock. CIBC restated an outperform rating and set a C$13.50 target price on shares of Source Energy Services in a report on Wednesday, November 8th. Canaccord Genuity restated a buy rating and set a C$9.00 target price on shares of Source Energy Services in a report on Wednesday, September 13th. Six research analysts have rated the stock with a buy rating, Source Energy Services has an average rating of Buy and a consensus target price of C$13.33.
Shares of Source Energy Services (SHLE) opened at C$9.61 on Tuesday. Source Energy Services has a fifty-two week low of C$5.68 and a fifty-two week high of C$10.80.
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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.
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