Todays Report: The PHX Energy Services Corp (PHX) PT Raised to C$5.50 at Scotiabank

The PHX Energy Services Corp (PHX) PT Raised to C$5.50 at Scotiabank

PHX Energy Services Corp (TSE:PHX) had its price objective lifted by Scotiabank from C$4.50 to C$5.50 in a research report sent to investors on Friday. Scotiabank currently has an outperform rating on the stock.

A number of other equities research analysts have also weighed in on PHX. BMO Capital Markets boosted their price objective on PHX Energy Services Corp from C$3.00 to C$3.25 in a research report on Saturday, August 6th. AltaCorp Capital upped their price target on PHX Energy Services Corp from C$3.50 to C$3.75 and gave the company an outperform rating in a research report on Wednesday, September 7th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. PHX Energy Services Corp currently has a consensus rating of Buy and a consensus price target of C$3.50.

Shares of PHX Energy Services Corp (TSE:PHX) opened at 4.12 on Friday. PHX Energy Services Corp has a 12 month low of $1.10 and a 12 month high of $4.29. The company has a 50-day moving average price of $3.38 and a 200-day moving average price of $2.84. The firm’s market cap is $208.86 million.

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