Secure Energy Services Inc. (TSE:SES) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have been given an average recommendation of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$20.44.

SES has been the subject of a number of recent research reports. Scotiabank lowered Secure Energy Services from an “outperform” rating to a “hold” rating and boosted their price objective for the stock from C$19.00 to C$22.00 in a report on Friday, October 10th. Raymond James Financial raised their price target on Secure Energy Services from C$17.75 to C$22.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. CIBC increased their target price on Secure Energy Services from C$16.25 to C$19.00 in a research note on Wednesday, October 15th. Stifel Nicolaus increased their price target on shares of Secure Energy Services from C$17.50 to C$23.50 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Finally, National Bankshares increased their target price on shares of Secure Energy Services from C$18.50 to C$23.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th.

Secure Energy Services Price Performance

Shares of TSE SES opened at C$17.71 on Friday. Secure Energy Services has a 1-year low of C$12.04 and a 1-year high of C$21.15. The firm has a market cap of C$3.86 billion, a P/E ratio of 36.14, a price-to-earnings-growth ratio of 0.17 and a beta of 0.81. The business’s 50 day moving average is C$17.51 and its 200-day moving average is C$17.27. 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 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. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions.