Ensign Energy Services (TSE:ESI – Get Free Report) had its price objective boosted by stock analysts at CIBC from C$2.50 to C$2.75 in a research note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s price objective points to a potential upside of 14.11% from the stock’s previous close.
Separately, Royal Bank Of Canada downgraded shares of Ensign Energy Services from a “moderate buy” rating to a “hold” rating and raised their target price for the company from C$2.50 to C$3.00 in a research note on Thursday, October 9th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Ensign Energy Services presently has a consensus rating of “Hold” and a consensus price target of C$3.30.
Read Our Latest Analysis on Ensign Energy Services
Ensign Energy Services Stock Down 3.6%
About Ensign Energy Services
Ensign Energy Services Inc offers services in drilling and well servicing, oil sands coring, directional drilling, underbalanced and managed pressure drilling, equipment rentals, transportation, wireline services, and production testing services. Ensign produces enhanced drilling with the help of its proprietary automated drilling rigs.
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