Secure Energy Services Inc. (OTCMKTS:SECYF) Given Consensus Rating of “Buy” by Analysts

Secure Energy Services Inc. (OTCMKTS:SECYFGet Rating) has been given an average rating of “Buy” by the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have covered the stock in the last year is $8.25.

SECYF has been the subject of several research analyst reports. Royal Bank of Canada upped their price objective on Secure Energy Services from C$8.50 to C$9.00 in a report on Friday, April 29th. CIBC upped their price objective on Secure Energy Services from C$7.50 to C$8.00 in a report on Monday, May 2nd. Canaccord Genuity Group upped their price objective on Secure Energy Services from C$8.50 to C$9.00 in a report on Friday, April 22nd. TD Securities boosted their target price on Secure Energy Services from C$7.50 to C$8.00 in a research report on Friday, April 29th. Finally, Raymond James boosted their target price on Secure Energy Services from C$8.25 to C$8.50 in a research report on Friday, April 1st.

Shares of Secure Energy Services stock opened at $5.21 on Monday. The business has a fifty day simple moving average of $4.58 and a 200-day simple moving average of $4.49. Secure Energy Services has a fifty-two week low of $2.93 and a fifty-two week 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.

Further Reading

Analyst Recommendations for Secure Energy Services (OTCMKTS:SECYF)

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