Secure Energy Services (TSE:SES – Get Free Report) had its price target hoisted by research analysts at Royal Bank of Canada from C$8.50 to C$9.00 in a note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 13.49% from the stock’s previous close.
Separately, CIBC lifted their price objective on shares of Secure Energy Services from C$7.50 to C$8.00 and gave the company a “neutral” rating in a research report on Monday, October 16th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$9.13.
Secure Energy Services Price Performance
Secure Energy Services Company Profile
Secure Energy Services Inc, an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Canada and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The Midstream Infrastructure segment provides processing, storing, shipping, and marketing of crude oil; and transports oil and water through pipelines, as well as engages in oil production processing and disposal, and water disposal; and crude oil emulsion treatment activities.
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