Secure Energy Services (TSE:SES) PT Raised to C$9.00 at Royal Bank of Canada

Secure Energy Services (TSE:SESGet 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, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$9.13.

Get Our Latest Stock Report on SES

Secure Energy Services Price Performance

Shares of TSE:SES opened at C$7.93 on Thursday. The firm’s 50 day moving average price is C$7.54 and its 200-day moving average price is C$6.83. Secure Energy Services has a twelve month low of C$5.81 and a twelve month high of C$8.76. The company has a quick ratio of 1.10, a current ratio of 1.24 and a debt-to-equity ratio of 92.45. The stock has a market capitalization of C$2.33 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 0.17 and a beta of 2.55.

Secure Energy Services Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Secure Energy Services (TSE:SES)

Receive News & Ratings for Secure Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services and related companies with's FREE daily email newsletter.