Secure Energy Services (TSE:SES) PT Raised to C$13.50 at Stifel Nicolaus

Secure Energy Services (TSE:SES) had its price target upped by Stifel Nicolaus from C$12.50 to C$13.50 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 22.39% from the company’s previous close.

Several other equities research analysts also recently weighed in on SES. Raymond James upped their target price on shares of Secure Energy Services from C$13.00 to C$13.25 and gave the stock an “outperform” rating in a research note on Tuesday, February 27th. Royal Bank of Canada increased their price objective on shares of Secure Energy Services from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 27th. BMO Capital Markets increased their price objective on shares of Secure Energy Services from C$14.00 to C$16.00 in a research report on Thursday, March 28th. National Bankshares increased their price objective on shares of Secure Energy Services from C$12.00 to C$13.00 and gave the company an “outperform” rating in a research report on Tuesday, February 27th. Finally, Cormark increased their price objective on shares of Secure Energy Services from C$12.00 to C$14.00 and gave the company a “buy” rating in a research report on Tuesday, February 27th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$13.22.

Secure Energy Services Stock Performance

Shares of SES stock opened at C$11.03 on Thursday. The firm’s 50 day moving average price is C$11.22 and its 200-day moving average price is C$9.55. The company has a debt-to-equity ratio of 92.92, a quick ratio of 1.10 and a current ratio of 2.52. Secure Energy Services has a one year low of C$5.81 and a one year high of C$11.92. The firm has a market cap of C$3.09 billion, a P/E ratio of 16.97, a P/E/G ratio of 0.17 and a beta of 2.58.

Secure Energy Services (TSE:SES) last issued its quarterly earnings data on Monday, February 26th. The company reported C$0.20 EPS for the quarter, hitting the consensus estimate of C$0.20. Secure Energy Services had a net margin of 2.36% and a return on equity of 15.91%. The firm had revenue of C$451.00 million for the quarter, compared to analyst estimates of C$429.00 million. As a group, equities research analysts predict that Secure Energy Services will post 0.6699029 EPS for the current year.

Insider Activity at Secure Energy Services

In related news, Senior Officer Michael Wayne Callihoo sold 12,107 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$11.35, for a total value of C$137,356.34. In related news, Director Rene Amirault sold 731,807 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$11.35, for a total transaction of C$8,302,496.78. Also, Senior Officer Michael Wayne Callihoo sold 12,107 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$11.35, for a total transaction of C$137,356.34. Insiders have sold 751,914 shares of company stock valued at $8,529,853 in the last ninety days. Insiders own 0.88% of the company’s stock.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.