Shares of Ensign Energy Services Inc. (TSE:ESI – Get Free Report) have been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$4.11.
A number of brokerages recently issued reports on ESI. BMO Capital Markets lifted their target price on Ensign Energy Services from C$3.00 to C$3.50 and gave the company an “outperform” rating in a research report on Monday, March 4th. CIBC lowered their price target on Ensign Energy Services from C$4.00 to C$3.25 and set a “neutral” rating on the stock in a research report on Tuesday, January 16th. Stifel Nicolaus boosted their price target on Ensign Energy Services from C$2.50 to C$2.75 and gave the stock a “hold” rating in a research report on Monday, March 4th. Royal Bank of Canada boosted their price target on Ensign Energy Services from C$3.75 to C$4.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th. Finally, ATB Capital lowered their price target on Ensign Energy Services from C$7.00 to C$5.00 and set an “outperform” rating on the stock in a research report on Friday, December 22nd.
Get Our Latest Research Report on ESI
Ensign Energy Services Trading Down 0.8 %
Ensign Energy Services (TSE:ESI – Get Free Report) last released its quarterly earnings results on Friday, March 1st. The company reported C$0.17 EPS for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.14. Ensign Energy Services had a return on equity of 3.21% and a net margin of 2.30%. The company had revenue of C$430.54 million for the quarter, compared to analyst estimates of C$444.50 million. Sell-side analysts anticipate that Ensign Energy Services will post 0.1956027 earnings per share for the current fiscal year.
Ensign Energy Services Company Profile
Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.
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