Secure Energy Services (TSE:SES) Given New C$18.00 Price Target at Raymond James

Secure Energy Services (TSE:SES - Get Free Report) had its price target boosted by research analysts at Raymond James from C$16.25 to C$18.00 in a research note issued to investors on Monday,BayStreet.CA reports. Raymond James' price objective would indicate a potential upside of 25.96% from the stock's previous close.

Several other research analysts have also recently weighed in on SES. Royal Bank of Canada set a C$17.00 price objective on Secure Energy Services and gave the stock a "sector perform" rating in a research report on Thursday, December 19th. National Bankshares raised their price target on shares of Secure Energy Services from C$14.00 to C$17.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. ATB Capital boosted their price objective on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the company an "outperform" rating in a report on Thursday, October 31st. Eight Capital increased their target price on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Finally, BMO Capital Markets lifted their price target on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Secure Energy Services has an average rating of "Moderate Buy" and an average target price of C$17.48.

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Secure Energy Services Stock Performance

Shares of Secure Energy Services stock traded down C$0.02 on Monday, hitting C$14.29. The stock had a trading volume of 614,847 shares, compared to its average volume of 640,093. The stock has a market cap of C$3.32 billion, a price-to-earnings ratio of 5.60, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24. Secure Energy Services has a twelve month low of C$10.81 and a twelve month high of C$17.13. The business's 50 day moving average is C$15.42 and its two-hundred day moving average is C$14.45.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.