Stifel Nicolaus Boosts Secure Energy Services (OTCMKTS:SECYF) Price Target to C$9.50

Secure Energy Services (OTCMKTS:SECYF – Get Rating) had its price target lifted by Stifel Nicolaus from C$9.00 to C$9.50 in a research report released on Friday, The Fly reports.

Other equities research analysts also recently issued research reports about the stock. Raymond James increased their price objective on shares of Secure Energy Services from C$8.25 to C$8.50 in a research report on Friday, April 1st. TD Securities raised their target price on shares of Secure Energy Services from C$7.50 to C$8.00 in a research report on Friday. National Bank Financial raised their target price on shares of Secure Energy Services from C$6.50 to C$8.00 in a research report on Wednesday, January 26th. Finally, Canaccord Genuity Group raised their target price on shares of Secure Energy Services from C$8.50 to C$9.00 in a research report on Friday, April 22nd. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of Buy and an average price target of $8.16.

Shares of SECYF stock opened at $5.11 on Friday. The firm has a fifty day moving average of $4.53 and a 200-day moving average of $4.47. Secure Energy Services has a 12-month low of $2.93 and a 12-month high of $5.42.

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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