Analysts Set Secure Energy Services Inc. (TSE:SES) Price Target at C$17.86

Shares of Secure Energy Services Inc. (TSE:SES) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$17.86.

SES has been the topic of a number of recent research reports. Raymond James increased their price target on Secure Energy Services from C$16.25 to C$18.00 in a research report on Monday, February 24th. Royal Bank of Canada set a C$17.00 price target on Secure Energy Services and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Finally, CIBC increased their price target on Secure Energy Services from C$16.00 to C$17.25 in a research report on Tuesday, December 17th.

Secure Energy Services Stock Performance

SES stock opened at C$13.60 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24. The business’s fifty day simple moving average is C$15.24 and its two-hundred day simple moving average is C$14.53. Secure Energy Services has a twelve month low of C$10.81 and a twelve month high of C$17.13. The firm has a market cap of C$3.16 billion, a price-to-earnings ratio of 5.33, a PEG ratio of 0.17 and a beta of 2.41.

About Secure Energy Services

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.