Royal Bank of Canada Boosts Secure Energy Services (TSE:SES) Price Target to C$3.75

Secure Energy Services (TSE:SES) had its price target lifted by Royal Bank of Canada from C$3.00 to C$3.75 in a report published on Wednesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other research analysts also recently commented on the company. Scotiabank dropped their price target on Secure Energy Services from C$5.50 to C$1.25 in a research report on Tuesday, April 14th. National Bank Financial lifted their price target on Secure Energy Services from C$2.75 to C$3.00 and gave the stock an outperform rating in a research report on Monday, June 15th. CIBC dropped their price target on Secure Energy Services from C$3.00 to C$2.50 in a research report on Wednesday, April 22nd. TD Securities dropped their price target on Secure Energy Services from C$3.00 to C$2.50 and set a buy rating on the stock in a research report on Wednesday, April 29th. Finally, Canaccord Genuity lifted their price target on Secure Energy Services from C$1.50 to C$2.00 in a research report on Thursday, June 18th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average price target of C$3.59.

Shares of TSE SES opened at C$1.65 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.46 and a debt-to-equity ratio of 62.25. The business’s 50 day moving average is C$1.72 and its two-hundred day moving average is C$2.35. The company has a market cap of $261.60 million and a P/E ratio of -11.79. Secure Energy Services has a 12 month low of C$0.64 and a 12 month high of C$7.12.

Secure Energy Services Company Profile

Secure Energy Services Inc provides integrated and specialized services to upstream oil and natural gas companies operating in the Western and the United States. The company's Processing, Recovery and Disposal division owns and operates midstream infrastructure that provides services, such as storing, shipping, clean oil terminalling, rail transloading, marketing of oil, treatment, oilfield waste processing, landfill disposal, and produced and waste water disposal, as well as the purchase and resale of oil.

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Analyst Recommendations for Secure Energy Services (TSE:SES)

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