Secure Energy Services (TSE:SES) Stock Price Expected to Rise, National Bankshares Analyst Says

Secure Energy Services (TSE:SES) had its price target boosted by research analysts at National Bankshares from C$17.50 to C$18.50 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 22.19% from the stock’s previous close.

A number of other analysts have also weighed in on the company. CIBC increased their price objective on Secure Energy Services from C$15.25 to C$15.75 and gave the company a “neutral” rating in a research note on Monday, May 5th. National Bank Financial raised Secure Energy Services to a “strong-buy” rating in a research note on Monday, May 26th. ATB Capital dropped their price target on Secure Energy Services from C$20.00 to C$19.00 and set an “outperform” rating for the company in a research note on Monday, May 5th. Royal Bank Of Canada set a C$15.00 price objective on Secure Energy Services and gave the stock a “sector perform” rating in a research note on Thursday, June 19th. Finally, Scotiabank reduced their price objective on Secure Energy Services from C$19.50 to C$19.00 and set an “outperform” rating on the stock in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$18.31.

Secure Energy Services Trading Down 1.2%

SES stock opened at C$15.14 on Wednesday. The company has a market capitalization of C$3.52 billion, a PE ratio of 5.93, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. Secure Energy Services has a one year low of C$11.13 and a one year high of C$17.23. The company’s 50 day moving average price is C$15.55 and its two-hundred day moving average price is C$14.72. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13.

About Secure Energy Services

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.