Secure Energy Services (OTCMKTS:SECYF) PT Raised to C$9.00

Secure Energy Services (OTCMKTS:SECYFGet Rating) had its price objective boosted by research analysts at Canaccord Genuity Group from C$8.50 to C$9.00 in a research note issued on Friday, The Fly reports.

Several other equities research analysts also recently weighed in on SECYF. National Bank Financial increased their target price on shares of Secure Energy Services from C$6.50 to C$8.00 in a research note on Wednesday, January 26th. Raymond James upped their price target on shares of Secure Energy Services from C$8.25 to C$8.50 in a report on Friday, April 1st. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $7.63.

Shares of OTCMKTS:SECYF traded up $0.21 during trading on Friday, hitting $5.31. The company had a trading volume of 5,067 shares, compared to its average volume of 6,838. The company has a fifty day simple moving average of $4.51 and a two-hundred day simple moving average of $4.44. Secure Energy Services has a one year low of $2.93 and a one year high of $5.42.

Secure Energy Services Company Profile (Get Rating)

Secure Energy Services Inc, an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills.

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