Secure Energy Services (TSE:SES) Given New C$15.75 Price Target at CIBC

Secure Energy Services (TSE:SES) had its price objective boosted by CIBC from C$15.25 to C$15.75 in a report published on Monday morning,BayStreet.CA reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on SES. Scotiabank dropped their price objective on shares of Secure Energy Services from C$19.50 to C$19.00 and set an “outperform” rating for the company in a report on Monday. Raymond James increased their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th. Finally, BMO Capital Markets reduced their price target on shares of Secure Energy Services from C$20.00 to C$18.00 in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$17.97.

Secure Energy Services Stock Performance

TSE SES opened at C$12.72 on Monday. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. The stock’s fifty day moving average is C$13.91 and its two-hundred day moving average is C$15.02. The firm has a market capitalization of C$2.96 billion, a P/E ratio of 4.98, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. Secure Energy Services has a fifty-two week low of C$11.08 and a fifty-two week high of C$17.13.

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.