Secure Energy Services Inc. (TSE:SES) Given Average Rating of “Moderate Buy” by Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$18.09.

A number of brokerages have recently commented on SES. Raymond James lifted their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th. Scotiabank lowered their target price on shares of Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating for the company in a report on Tuesday, April 8th. CIBC cut their price target on shares of Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday, April 10th. Finally, BMO Capital Markets lowered their price objective on shares of Secure Energy Services from C$20.00 to C$18.00 in a research note on Thursday, April 17th.

Secure Energy Services Stock Up 4.4 %

SES opened at C$13.41 on Friday. The firm has a market cap of C$3.12 billion, a P/E ratio of 5.25, a PEG ratio of 0.17 and a beta of 2.41. The business’s fifty day simple moving average is C$14.13 and its 200 day simple moving average is C$15.05. Secure Energy Services has a 52 week low of C$11.04 and a 52 week high of C$17.13. 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 Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.