Secure Energy Services (TSE:SES) Price Target Lowered to C$17.00 at National Bankshares

Secure Energy Services (TSE:SES) had its price objective decreased by National Bankshares from C$18.00 to C$17.00 in a research note issued to investors on Monday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other brokerages have also weighed in on SES. Raymond James raised their target price on Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th. BMO Capital Markets dropped their target price on shares of Secure Energy Services from C$20.00 to C$18.00 in a research note on Thursday, April 17th. Scotiabank reduced their target price on shares of Secure Energy Services from C$19.50 to C$19.00 and set an “outperform” rating on the stock in a research report on Monday. Royal Bank of Canada lowered their price target on shares of Secure Energy Services from C$17.00 to C$15.00 and set a “sector perform” rating for the company in a report on Monday. Finally, CIBC upped their price objective on Secure Energy Services from C$15.25 to C$15.75 and gave the stock a “neutral” rating in a report on Monday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$17.97.

Secure Energy Services Stock Performance

TSE SES opened at C$12.72 on Monday. Secure Energy Services has a 1-year low of C$11.08 and a 1-year high of C$17.13. The company has a 50 day moving average of C$13.91 and a 200-day moving average of C$15.02. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24. The firm has a market cap of C$2.96 billion, a price-to-earnings ratio of 4.98, a PEG ratio of 0.17 and a beta of 2.41.

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.