Secure Energy Services (TSE:SES) Given New C$22.00 Price Target at Raymond James Financial

Secure Energy Services (TSE:SES) had its target price increased by Raymond James Financial from C$17.75 to C$22.00 in a research note published on Tuesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock. Raymond James Financial also issued estimates for Secure Energy Services’ Q3 2025 earnings at $0.21 EPS, FY2025 earnings at $0.75 EPS, FY2026 earnings at $0.84 EPS and FY2027 earnings at $0.89 EPS.

Several other equities analysts have also commented on the company. Stifel Nicolaus upped their target price on Secure Energy Services from C$17.50 to C$23.50 and gave the company a “buy” rating in a report on Thursday, October 2nd. CIBC upped their target price on Secure Energy Services from C$16.25 to C$19.00 in a report on Wednesday, October 15th. BMO Capital Markets lowered Secure Energy Services from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 30th. Royal Bank Of Canada upped their target price on Secure Energy Services from C$15.00 to C$17.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Finally, National Bankshares upped their target price on Secure Energy Services from C$18.50 to C$23.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Secure Energy Services has a consensus rating of “Moderate Buy” and a consensus price target of C$20.61.

Secure Energy Services Stock Down 1.4%

TSE:SES opened at C$18.75 on Tuesday. The firm has a market capitalization of C$4.12 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 0.17 and a beta of 0.98. The stock has a 50 day moving average of C$17.93 and a 200-day moving average of C$15.95. Secure Energy Services has a 52 week low of C$12.04 and a 52 week high of C$21.15. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24.

Secure Energy Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.1%. Secure Energy Services’s payout ratio is currently 43.96%.

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.