Secure Energy Services Inc. (TSE:SES) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have received an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$18.09.

A number of equities analysts recently commented on the company. Scotiabank lowered their target price on Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating for the company in a report on Tuesday, April 8th. CIBC lowered their price objective on shares of Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday, April 10th. Royal Bank of Canada set a C$17.00 price objective on shares of Secure Energy Services and gave the company a “sector perform” rating in a report on Thursday, December 19th. Raymond James raised their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a research report on Monday, February 24th. Finally, BMO Capital Markets cut their price objective on Secure Energy Services from C$20.00 to C$18.00 in a research report on Thursday.

Secure Energy Services Trading Up 0.1 %

SES opened at C$12.87 on Friday. Secure Energy Services has a 52 week low of C$10.81 and a 52 week high of C$17.13. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24. The business has a fifty day simple moving average of C$14.33 and a 200-day simple moving average of C$15.04. The firm has a market cap of C$2.99 billion, a P/E ratio of 5.04, a P/E/G ratio of 0.17 and a beta of 2.41.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.