CES Energy Solutions (TSE:CEU – Free Report) had its price objective raised by Scotiabank from C$4.75 to C$5.30 in a research note issued to investors on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
CEU has been the subject of a number of other reports. TD Securities upped their target price on shares of CES Energy Solutions from C$5.00 to C$5.50 and gave the company a buy rating in a report on Friday. Stifel Nicolaus boosted their price target on shares of CES Energy Solutions from C$5.00 to C$5.25 in a research note on Tuesday, October 24th. National Bank Financial reiterated an outperform market weight rating on shares of CES Energy Solutions in a research note on Wednesday, October 25th. Royal Bank of Canada boosted their price target on shares of CES Energy Solutions from C$4.25 to C$5.00 and gave the stock an outperform rating in a research note on Monday. Finally, ATB Capital boosted their price target on shares of CES Energy Solutions from C$4.75 to C$5.00 and gave the stock an outperform rating in a research note on Friday. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, CES Energy Solutions currently has an average rating of Buy and an average target price of C$4.69.
CES Energy Solutions Price Performance
CES Energy Solutions Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.10 annualized dividend and a yield of 2.64%. CES Energy Solutions’s payout ratio is currently 17.86%.
About CES Energy Solutions
CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. It provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.
- Five stocks we like better than CES Energy Solutions
- How to Invest in Semiconductors
- Catch the dip on Sociedad Quimica before earnings?
- Dividend Tax Calculator
- Can new GPT store spur generative AI monetization?
- Health Care Stocks Explained: Why You Might Want to Invest
- Energy looks to dominate markets with 3 oil and gas stocks
Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.