Secure Energy Services (TSE:SES) Price Target Raised to C$26.00 at Stifel Nicolaus

Secure Energy Services (TSE:SES) had its price objective hoisted by Stifel Nicolaus from C$23.50 to C$26.00 in a research note released on Monday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other equities research analysts have also recently weighed in on SES. Scotiabank boosted their price target on shares of Secure Energy Services from C$20.00 to C$21.00 and gave the stock a “sector perform” rating in a research report on Monday. National Bank Financial lifted their price objective on shares of Secure Energy Services from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a research note on Monday. Raymond James Financial boosted their target price on shares of Secure Energy Services from C$17.75 to C$22.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. ATB Cormark Capital Markets upped their target price on shares of Secure Energy Services from C$21.00 to C$23.00 and gave the company a “sector perform” rating in a research report on Monday. Finally, BMO Capital Markets increased their price target on shares of Secure Energy Services from C$19.00 to C$20.00 and gave the company a “market perform” rating in a report on Monday. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$21.63.

Secure Energy Services Stock Down 2.7%

Shares of SES opened at C$19.41 on Monday. The stock has a market capitalization of C$4.23 billion, a price-to-earnings ratio of 39.61, a price-to-earnings-growth ratio of 0.17 and a beta of 0.67. Secure Energy Services has a 1 year low of C$12.04 and a 1 year high of C$21.15. The business’s 50 day simple moving average is C$17.67 and its 200-day simple moving average is C$17.69. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10.

Trending Headlines about Secure Energy Services

Here are the key news stories impacting Secure Energy Services this week:

• Positive Sentiment: Royal Bank of Canada raised its target to C$21.00 and left a “sector perform” rating — implies roughly ~8% upside from current levels. Article Title
• Positive Sentiment: National Bank Financial bumped its target to C$21.00 and maintained “sector perform” — similar ~8% implied upside. Article Title
• Positive Sentiment: Scotiabank raised its target to C$21.00 with a “sector perform” rating — again ~8–9% upside implied. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to C$20.00 and kept a “market perform” rating — a smaller implied upside (~3%). Article Title
• Positive Sentiment: ATB Cormark raised its target to C$23.00 with a “sector perform” rating — implies high-teens upside (~19%). Article Title
• Positive Sentiment: Stifel Nicolaus moved its target sharply higher to C$26.00 and assigned a “buy” — the most bullish call here, implying ~34% upside; this is the standout upgrade likely to attract investor attention. Article Title TickerReport

Secure Energy Services Company Profile

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.