The Secure Energy Services Inc (SES) Price Target Raised to C$12.00

The Secure Energy Services Inc (SES) Price Target Raised to C$12.00

Secure Energy Services Inc (TSE:SES) had its target price hoisted by stock analysts at Canaccord Genuity from C$11.50 to C$12.00 in a research report issued to clients and investors on Thursday. Canaccord Genuity’s price target would suggest a potential upside of 31.72% from the stock’s current price.

A number of other research analysts also recently commented on SES. Scotiabank downgraded Secure Energy Services from an “outperform” rating to a “sector perform” rating and set a C$12.00 target price on the stock. in a research note on Monday, September 12th. TD Securities restated an “action list buy” rating and issued a C$14.00 target price on shares of Secure Energy Services in a research note on Wednesday, July 13th. Cormark restated a “buy” rating on shares of Secure Energy Services in a research note on Friday, September 9th. Finally, Raymond James Financial Inc. upgraded Secure Energy Services from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, July 28th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$11.18.

Shares of Secure Energy Services (TSE:SES) traded down 0.44% on Thursday, hitting $9.07. The stock had a trading volume of 346,789 shares. Secure Energy Services has a 1-year low of $5.33 and a 1-year high of $10.21. The stock’s market cap is $1.45 billion. The firm’s 50-day moving average is $8.98 and its 200 day moving average is $8.84.

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