CES Energy Solutions Corp. (OTCMKTS:CESDF) Given Consensus Recommendation of “Buy” by Analysts

Shares of CES Energy Solutions Corp. (OTCMKTS:CESDFGet Rating) have received a consensus rating of “Buy” from the ten brokerages that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $4.02.

A number of research analysts have recently commented on CESDF shares. BMO Capital Markets increased their target price on shares of CES Energy Solutions from C$3.50 to C$4.00 in a report on Friday, August 12th. Stifel Nicolaus upped their price objective on CES Energy Solutions from C$3.75 to C$4.50 in a research note on Friday, August 12th. Scotiabank upped their price objective on CES Energy Solutions from C$3.60 to C$3.90 in a research note on Monday, August 15th. Royal Bank of Canada upped their price objective on CES Energy Solutions from C$3.50 to C$4.00 in a research note on Friday, August 12th. Finally, TD Securities increased their target price on shares of CES Energy Solutions from C$5.00 to C$5.50 in a research report on Friday, August 12th.

CES Energy Solutions Trading Down 7.7 %

OTCMKTS:CESDF opened at $1.80 on Monday. CES Energy Solutions has a one year low of $1.10 and a one year high of $2.48. The firm’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $1.96.

CES Energy Solutions Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were given a dividend of $0.0124 per share. This represents a dividend yield of 2.73%. The ex-dividend date of this dividend was Wednesday, June 29th.

CES Energy Solutions Company Profile

(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.

Further Reading

Analyst Recommendations for CES Energy Solutions (OTCMKTS:CESDF)

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