Royal Bank of Canada Boosts Secure Energy Services (TSE:SES) Price Target to C$3.75

Secure Energy Services (TSE:SES) had its price target raised by Royal Bank of Canada from C$3.00 to C$3.75 in a report issued on Wednesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. Canaccord Genuity increased their price target on Secure Energy Services from C$1.50 to C$2.00 in a report on Thursday, June 18th. TD Securities reduced their price objective on Secure Energy Services from C$3.00 to C$2.50 and set a buy rating for the company in a research report on Wednesday, April 29th. Raymond James set a C$2.10 price objective on Secure Energy Services and gave the stock an outperform rating in a research report on Wednesday. Scotiabank reduced their price objective on Secure Energy Services from C$5.50 to C$1.25 in a research report on Tuesday, April 14th. Finally, CIBC reduced their price objective on Secure Energy Services from C$3.00 to C$2.50 in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of Buy and a consensus target price of C$3.59.

Shares of Secure Energy Services stock opened at C$1.65 on Wednesday. Secure Energy Services has a 1 year low of C$0.64 and a 1 year high of C$7.12. The business has a 50-day moving average of C$1.72 and a two-hundred day moving average of C$2.35. The company has a market capitalization of $261.60 million and a P/E ratio of -11.79. The company has a debt-to-equity ratio of 62.25, a current ratio of 1.46 and a quick ratio of 1.09.

Secure Energy Services Company Profile

Secure Energy Services Inc provides integrated and specialized services to upstream oil and natural gas companies operating in the Western and the United States. The company's Processing, Recovery and Disposal division owns and operates midstream infrastructure that provides services, such as storing, shipping, clean oil terminalling, rail transloading, marketing of oil, treatment, oilfield waste processing, landfill disposal, and produced and waste water disposal, as well as the purchase and resale of oil.

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Analyst Recommendations for Secure Energy Services (TSE:SES)

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