BMO Capital Markets Increases Secure Energy Services (OTCMKTS:SECYF) Price Target to C$9.00

Secure Energy Services (OTCMKTS:SECYFGet Rating) had its target price lifted by BMO Capital Markets from C$8.00 to C$9.00 in a report issued on Friday, The Fly reports.

Several other analysts have also recently commented on SECYF. Canaccord Genuity Group boosted their price target on Secure Energy Services from C$8.50 to C$9.00 in a research report on Friday, April 22nd. Raymond James upped their target price on Secure Energy Services from C$8.25 to C$8.50 in a report on Friday, April 1st. Royal Bank of Canada upped their target price on Secure Energy Services from C$8.50 to C$9.00 in a report on Friday. Stifel Nicolaus upped their target price on Secure Energy Services from C$9.00 to C$9.50 in a report on Friday. Finally, National Bank Financial upped their target price on Secure Energy Services from C$8.00 to C$9.00 in a report on Friday. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Secure Energy Services has an average rating of Buy and a consensus price target of $8.16.

Shares of SECYF opened at $5.11 on Friday. Secure Energy Services has a one year low of $2.93 and a one year high of $5.42. The stock has a 50 day moving average price of $4.53 and a 200 day moving average price of $4.47.

About Secure Energy Services (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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