Scotiabank started coverage on shares of CES Energy Solutions (OTCMKTS:CESDF – Get Rating) in a research note released on Thursday, The Fly reports. The brokerage issued an outperform rating on the stock.
A number of other equities research analysts also recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of CES Energy Solutions from C$3.00 to C$3.25 in a report on Monday, March 14th. BMO Capital Markets increased their price target on shares of CES Energy Solutions from C$2.50 to C$3.50 in a report on Friday, March 11th. Raymond James cut shares of CES Energy Solutions from a strong-buy rating to an outperform rating in a research report on Monday, March 14th. Finally, National Bank Financial cut shares of CES Energy Solutions from an outperform rating to a sector perform rating in a research report on Friday, February 4th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, CES Energy Solutions currently has a consensus rating of Buy and an average price target of $3.18.
OTCMKTS CESDF opened at $2.01 on Thursday. CES Energy Solutions has a 52 week low of $1.10 and a 52 week high of $2.26. The firm’s 50-day simple moving average is $1.96 and its two-hundred day simple moving average is $1.74.
About CES Energy Solutions (Get Rating)
CES Energy Solutions Corp., together with its subsidiaries, designs, implements, and manufactures advanced consumable fluids and specialty chemicals. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets. The company's solutions include corrosion inhibitors, demulsifiers, H2S scavengers, paraffin control products, surfactants, scale inhibitors, biocides, and other specialty products.
- Get a free copy of the StockNews.com research report on CES Energy Solutions (CESDF)
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