Secure Energy Services Inc. (TSE:SES) Receives C$18.09 Consensus Target Price from Analysts

Secure Energy Services Inc. (TSE:SES - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight research firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$18.09.

A number of equities research analysts have commented on SES shares. Scotiabank reduced their price objective on Secure Energy Services from C$22.00 to C$19.50 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. BMO Capital Markets reduced their price objective on Secure Energy Services from C$20.00 to C$18.00 in a research note on Thursday, April 17th. CIBC reduced their price objective on Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday, April 10th. Finally, Raymond James raised their price objective on Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th.

Secure Energy Services Stock Up 3.5 %

Secure Energy Services stock traded up C$0.45 during mid-day trading on Friday, reaching C$13.26. The stock had a trading volume of 105,106 shares, compared to its average volume of 823,001. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. Secure Energy Services has a fifty-two week low of C$10.99 and a fifty-two week high of C$17.13. The stock's 50-day simple moving average is C$14.21 and its 200-day simple moving average is C$15.05. The firm has a market capitalization of C$3.09 billion, a PE ratio of 5.20, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.