Ensign Energy Services Inc. (TSE:ESI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$4.11.
Several analysts recently issued reports on the stock. CIBC reduced their price objective on shares of Ensign Energy Services from C$4.00 to C$3.25 and set a “neutral” rating on the stock in a report on Tuesday, January 16th. ATB Capital decreased their target price on Ensign Energy Services from C$7.00 to C$5.00 and set an “outperform” rating on the stock in a research note on Friday, December 22nd. BMO Capital Markets upped their target price on shares of Ensign Energy Services from C$3.00 to C$3.50 and gave the stock an “outperform” rating in a research note on Monday, March 4th. Royal Bank of Canada raised their price target on shares of Ensign Energy Services from C$3.75 to C$4.00 and gave the company an “outperform” rating in a research report on Monday, March 4th. Finally, Stifel Nicolaus upped their price objective on Ensign Energy Services from C$2.50 to C$2.75 and gave the stock a “hold” rating in a research report on Monday, March 4th.
Check Out Our Latest Stock Analysis on Ensign Energy Services
Ensign Energy Services Stock Down 1.3 %
Ensign Energy Services (TSE:ESI – Get Free Report) last posted its earnings results on Friday, March 1st. The company reported C$0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.03 by C$0.14. Ensign Energy Services had a return on equity of 3.21% and a net margin of 2.30%. The company had revenue of C$430.54 million during the quarter, compared to analysts’ expectations of C$444.50 million. On average, equities research analysts predict that Ensign Energy Services will post 0.1956027 earnings per share for the current year.
About Ensign Energy Services
Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.
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