Trade Report: The Canadian Energy Services & Tech Corp (TSE:CEU) Given Average Rating of “Buy” by Analysts

The Canadian Energy Services & Tech Corp (TSE:CEU) Given Average Rating of “Buy” by Analysts

Canadian Energy Services & Tech Corp (TSE:CEU) has been given a consensus recommendation of “Buy” by the eleven brokerages that are presently covering the company. One equities research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$4.98.

Several research analysts have recently issued reports on CEU shares. FirstEnergy Capital raised their target price on shares of Canadian Energy Services & Tech Corp from C$4.00 to C$4.25 in a report on Monday, August 15th. Eurobank EFG raised their price target on Canadian Energy Services & Tech Corp from C$4.30 to C$5.00 in a research note on Monday, August 15th. AltaCorp Capital raised their price target on Canadian Energy Services & Tech Corp from C$5.25 to C$5.50 in a research note on Monday, August 15th. National Bank Financial raised their price target on Canadian Energy Services & Tech Corp from C$4.00 to C$4.50 in a research note on Wednesday, August 3rd. Finally, Canaccord Genuity raised their price target on Canadian Energy Services & Tech Corp from C$5.25 to C$5.50 and gave the stock a “buy” rating in a research note on Tuesday, August 2nd.

In other news, Director Donald Michael Godfre Stewart sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of C$4.88, for a total transaction of C$48,800.00.

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