BMO Capital Markets Has Lowered Expectations for Secure Energy Services (TSE:SES) Stock Price

Secure Energy Services (TSE:SES) had its price objective decreased by analysts at BMO Capital Markets from C$20.00 to C$18.00 in a research report issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 39.86% from the company’s previous close.

A number of other research analysts have also recently weighed in on SES. CIBC lowered their price objective on Secure Energy Services from C$17.25 to C$15.25 in a research report on Thursday, April 10th. Raymond James upped their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a research report on Monday, February 24th. Scotiabank decreased their price objective on shares of Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada set a C$17.00 target price on shares of Secure Energy Services and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$18.09.

Secure Energy Services Trading Up 0.1 %

Shares of SES stock opened at C$12.87 on Thursday. Secure Energy Services has a 1 year low of C$10.81 and a 1 year high of C$17.13. The firm has a fifty day moving average price of C$14.29 and a 200-day moving average price of C$15.03. The company has a market cap of C$2.99 billion, a price-to-earnings ratio of 5.04, a PEG ratio of 0.17 and a beta of 2.41. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.