Trading Report: Today: Essential Energy Services Ltd (ESN) Given Average Rating of “Buy” by Analysts

Today: Essential Energy Services Ltd (ESN) Given Average Rating of “Buy” by Analysts

Shares of Essential Energy Services Ltd (TSE:ESN) have been given an average rating of “Buy” by the six research firms that are covering the company. Four research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$0.92.

Several analysts recently commented on ESN shares. TD Securities reaffirmed a “buy” rating and issued a C$0.90 price target on shares of Essential Energy Services in a research note on Thursday, August 11th. Clarus Securities lowered Essential Energy Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th. Raymond James Financial Inc. reduced their price objective on Essential Energy Services from C$1.40 to C$1.35 and set a “strong-buy” rating on the stock in a research note on Thursday, October 13th. Finally, Canaccord Genuity reduced their price objective on Essential Energy Services from C$0.75 to C$0.65 and set a “hold” rating on the stock in a research note on Monday, November 14th.

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