Secure Energy Services (TSE:SES) Lowered to Hold Rating by Stifel Nicolaus

Stifel Nicolaus lowered shares of Secure Energy Services (TSE:SES) from a buy rating to a hold rating in a research report report published on Tuesday,BayStreet.CA reports. The firm currently has C$23.00 target price on the stock, down from their previous target price of C$26.00.

SES has been the subject of several other research reports. BMO Capital Markets increased their price objective on shares of Secure Energy Services from C$20.00 to C$24.75 in a research report on Tuesday. Raymond James Financial lowered shares of Secure Energy Services from an “outperform” rating to a “market perform” rating and increased their price objective for the company from C$22.00 to C$24.75 in a research report on Tuesday. National Bank Financial increased their price objective on shares of Secure Energy Services from C$19.00 to C$21.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Scotiabank increased their price objective on shares of Secure Energy Services from C$20.00 to C$21.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Finally, Royal Bank Of Canada increased their price objective on shares of Secure Energy Services from C$18.00 to C$21.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Seven equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$22.91.

Secure Energy Services Price Performance

Shares of TSE:SES opened at C$22.45 on Tuesday. The company has a debt-to-equity ratio of 145.08, a quick ratio of 1.10 and a current ratio of 1.21. The firm has a fifty day moving average price of C$20.33 and a 200 day moving average price of C$18.71. Secure Energy Services has a fifty-two week low of C$12.46 and a fifty-two week high of C$23.90. The firm has a market cap of C$4.87 billion, a price-to-earnings ratio of 41.57, a P/E/G ratio of 0.17 and a beta of 0.27.

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.