Secure Energy Services Inc. (TSE:SES) Receives Average Rating of “Hold” from Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have earned an average recommendation of “Hold” from the eight analysts that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$21.63.

A number of equities research analysts recently commented on SES shares. Royal Bank Of Canada raised 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. National Bank Financial boosted their target price on Secure Energy Services from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Stifel Nicolaus increased their target price on 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. ATB Cormark Capital Markets raised their price target on Secure Energy Services from C$21.00 to C$23.00 and gave the company a “hold” rating in a report on Monday, February 23rd. Finally, BMO Capital Markets lifted their price target on Secure Energy Services from C$19.00 to C$20.00 and gave the company a “market perform” rating in a research note on Monday, February 23rd.

Secure Energy Services Stock Up 3.2%

Shares of TSE:SES opened at C$21.90 on Friday. The company has a market cap of C$4.75 billion, a price-to-earnings ratio of 40.56, a PEG ratio of 0.17 and a beta of 0.76. The firm’s 50-day simple moving average is C$19.62 and its 200-day simple moving average is C$18.50. The company has a quick ratio of 1.10, a current ratio of 1.21 and a debt-to-equity ratio of 145.08. Secure Energy Services has a fifty-two week low of C$12.04 and a fifty-two week high of C$23.00.

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.