Secure Energy Services Inc. (TSE:SES) Receives C$17.86 Average Target Price from Analysts

Secure Energy Services Inc. (TSE:SES) has received a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$17.86.

A number of equities analysts have issued reports on SES shares. CIBC lifted their price objective on shares of Secure Energy Services from C$16.00 to C$17.25 in a report on Tuesday, December 17th. Royal Bank of Canada set a C$17.00 price objective on shares of Secure Energy Services and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Finally, Raymond James increased their price objective on shares of Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th.

Secure Energy Services Stock Down 0.4 %

Shares of TSE:SES opened at C$15.80 on Monday. The business’s 50 day moving average is C$14.84 and its 200 day moving average is C$14.80. Secure Energy Services has a 12-month low of C$10.81 and a 12-month high of C$17.13. The stock has a market cap of C$3.68 billion, a price-to-earnings ratio of 6.19, a PEG 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 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.