Secure Energy Services (TSE:SES) Given New C$21.00 Price Target at National Bank Financial

Secure Energy Services (TSE:SES) had its price objective upped by National Bank Financial from C$19.00 to C$21.00 in a report issued on Monday morning,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

A number of other equities analysts also recently commented on SES. Stifel Nicolaus lifted their price objective on shares of Secure Energy Services from C$23.00 to C$23.50 and gave the stock a “buy” rating in a report on Friday, February 6th. Raymond James Financial boosted their price objective on shares of Secure Energy Services from C$17.75 to C$22.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Finally, Scotiabank dropped their price objective on shares of Secure Energy Services from C$21.50 to C$20.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$21.63.

Secure Energy Services Trading Down 2.7%

TSE:SES opened at C$19.41 on Monday. The company has a market cap of C$4.23 billion, a PE ratio of 39.61, a P/E/G ratio of 0.17 and a beta of 0.67. The business’s 50 day moving average is C$17.67 and its two-hundred day moving average is C$17.69. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24. Secure Energy Services has a 52 week low of C$12.04 and a 52 week high of C$21.15.

Key Secure Energy Services News

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.