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

Secure Energy Services Inc. (TSE:SES) has been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$17.97.

A number of equities analysts recently commented on SES shares. Raymond James lifted their price target on Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th. ATB Capital reduced their price target on Secure Energy Services from C$20.00 to C$19.00 and set an “outperform” rating for the company in a report on Monday, May 5th. BMO Capital Markets reduced their price objective on Secure Energy Services from C$20.00 to C$18.00 in a report on Thursday, April 17th. National Bankshares reduced their price objective on Secure Energy Services from C$18.00 to C$17.00 and set an “outperform” rating for the company in a report on Monday, May 5th. Finally, Scotiabank reduced their price objective on Secure Energy Services from C$19.50 to C$19.00 and set an “outperform” rating for the company in a report on Monday, May 5th.

Secure Energy Services Trading Up 4.0%

Secure Energy Services stock opened at C$13.50 on Tuesday. Secure Energy Services has a 52 week low of C$11.13 and a 52 week high of C$17.13. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. The stock has a market capitalization of C$3.14 billion, a P/E ratio of 5.29, a PEG ratio of 0.17 and a beta of 2.41. The stock has a 50-day simple moving average of C$13.83 and a 200 day simple moving average of C$15.00.

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.