Secure Energy Services (TSE:SES) Price Target Raised to C$24.75 at BMO Capital Markets

Secure Energy Services (TSE:SES) had its target price lifted by BMO Capital Markets from C$20.00 to C$24.75 in a report released on Tuesday morning,BayStreet.CA reports.

Several other research analysts have also commented on SES. Stifel Nicolaus boosted their price objective on shares of Secure Energy Services from C$23.50 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce lowered shares of Secure Energy Services from a “neutral” rating to a “tender” rating and boosted their price objective for the stock from C$22.50 to C$24.75 in a research note on Tuesday. ATB Cormark Capital Markets boosted their price objective on shares of Secure Energy Services from C$21.00 to C$23.00 and gave the stock a “hold” rating in a research note on Monday, February 23rd. National Bank Financial boosted 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, February 23rd. Finally, Scotiabank boosted their price objective 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 note on Monday, February 23rd. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Secure Energy Services has a consensus rating of “Hold” and a consensus price target of C$22.91.

Secure Energy Services Trading Up 0.0%

TSE SES opened at C$22.45 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.21 and a debt-to-equity ratio of 145.08. The firm has a market cap of C$4.87 billion, a PE ratio of 41.57, a price-to-earnings-growth ratio of 0.17 and a beta of 0.27. The company has a 50 day moving average price of C$20.33 and a 200 day moving average price of C$18.71. Secure Energy Services has a 52 week low of C$12.46 and a 52 week high of C$23.90.

About Secure Energy Services

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.