Total Energy Services (TSE:TOT) had its target price reduced by CIBC from C$12.50 to C$11.50 in a research report released on Thursday, BayStreet.CA reports.
TOT has been the subject of several other research reports. Canaccord Genuity reissued a buy rating and set a $7.50 price target on shares of in a report on Tuesday, July 9th. TD Securities reduced their price target on shares of Total Energy Services from C$11.50 to C$10.00 and set a hold rating for the company in a report on Friday, May 10th. Finally, BMO Capital Markets boosted their price target on shares of Air Products & Chemicals to $235.00 and gave the company an outperform rating in a report on Monday, May 13th.
Total Energy Services stock opened at C$7.84 on Thursday. The firm has a market capitalization of $359.81 million and a P/E ratio of 14.00. The stock has a fifty day simple moving average of C$8.30. The company has a current ratio of 1.60, a quick ratio of 1.03 and a debt-to-equity ratio of 53.30. Total Energy Services has a 12 month low of C$7.66 and a 12 month high of C$12.80.
In other Total Energy Services news, Director Daniel Kim Halyk bought 5,000 shares of the stock in a transaction on Friday, June 7th. The shares were bought at an average price of C$8.80 per share, with a total value of C$44,000.00. Following the purchase, the director now directly owns 1,168,800 shares in the company, valued at approximately C$10,285,440. Also, insider Total Energy Services Inc bought 17,450 shares of the stock in a transaction on Thursday, July 11th. The shares were acquired at an average cost of C$7.83 per share, for a total transaction of C$136,633.50. Following the purchase, the insider now owns 44,450 shares in the company, valued at C$348,043.50. Over the last quarter, insiders acquired 179,990 shares of company stock worth $1,597,707.
Total Energy Services Company Profile
Total Energy Services Inc provides diversified energy services. It operates through four segments: Contract Drilling Services; Rentals and Transportation Services; Compression and Process Services; and Well Servicing. The Contract Drilling Services segment offers contract drilling services to oil and gas exploration and development companies in the United States and Australia.
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