Raymond James set a C$2.10 target price on Secure Energy Services (TSE:SES) in a research report sent to investors on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
Several other analysts also recently issued reports on SES. Scotiabank lowered their price objective on shares of Secure Energy Services from C$5.50 to C$1.25 in a research report on Tuesday, April 14th. Canaccord Genuity increased their price objective on shares of Secure Energy Services from C$1.50 to C$2.00 in a research report on Thursday, June 18th. National Bank Financial increased their price objective on shares of Secure Energy Services from C$2.75 to C$3.00 and gave the company an outperform rating in a research report on Monday, June 15th. CIBC lowered their price objective on shares of Secure Energy Services from C$3.00 to C$2.50 in a research report on Wednesday, April 22nd. Finally, TD Securities reduced their target price on Secure Energy Services from C$3.00 to C$2.50 and set a buy rating for the company in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Secure Energy Services currently has an average 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. Secure Energy Services has a 52-week low of C$0.64 and a 52-week high of C$7.12. The company has a 50 day moving average of C$1.72 and a two-hundred day moving average of C$2.35. The company has a market capitalization of $261.60 million and a price-to-earnings ratio of -11.79.
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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