Secure Energy Services Given Consensus Recommendation of “Buy” by Analysts (TSE:SES)

Shares of Secure Energy Services (TSE:SES) have received an average rating of “Buy” from the twelve ratings firms that are covering the company, Stock Ratings News reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$25.09.

A number of research firms have recently commented on SES. Analysts at Raymond James cut their price target on shares of Secure Energy Services from C$26.50 to C$22.50 in a research note on Monday, December 15th. Separately, analysts at Paradigm Capital cut their price target on shares of Secure Energy Services from C$26.00 to C$23.00 in a research note on Monday, December 8th. They now have a “buy” rating on the stock. Finally, analysts at National Bank Financial cut their price target on shares of Secure Energy Services from C$27.50 to C$24.00 in a research note on Friday, December 5th. They now have an “outperform” rating on the stock.

Shares of Secure Energy Services (TSE:SES) opened at 17.31 on Friday. Secure Energy Services has a 1-year low of $13.61 and a 1-year high of $28.05. The stock’s 50-day moving average is $17. and its 200-day moving average is $21.90. The company has a market cap of $2.096 billion and a price-to-earnings ratio of 35.09.

Secure Energy Services Inc (TSE:SES) is a diversified energy services company.

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