Secure Energy Services Inc. (TSE:SES) Receives C$21.63 Consensus PT from Analysts

Secure Energy Services Inc. (TSE:SES) has been given an average recommendation of “Hold” by the eight brokerages that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is C$21.63.

Several equities research analysts recently commented on the stock. Royal Bank Of Canada upped their price target on shares of Secure Energy Services from C$18.00 to C$21.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. ATB Cormark Capital Markets lifted their price objective on shares of Secure Energy Services from C$21.00 to C$23.00 and gave the stock a “hold” rating in a research report on Monday, February 23rd. Scotiabank boosted their target price on shares of Secure Energy Services from C$20.00 to C$21.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. National Bank Financial increased their target price on Secure Energy Services from C$19.00 to C$21.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Finally, BMO Capital Markets raised their target price on Secure Energy Services from C$19.00 to C$20.00 and gave the stock a “market perform” rating in a research report on Monday, February 23rd.

Secure Energy Services Price Performance

SES stock opened at C$20.62 on Monday. Secure Energy Services has a one year low of C$12.04 and a one year high of C$21.15. The firm has a 50-day moving average of C$18.17 and a two-hundred day moving average of C$17.95. The firm has a market capitalization of C$4.47 billion, a PE ratio of 38.19, a P/E/G ratio of 0.17 and a beta of 0.76. The company has a current ratio of 1.21, a quick ratio of 1.10 and a debt-to-equity ratio of 145.08.

Secure Energy Services Company Profile

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.