CES Energy Solutions (TSE:CEU) had its target price lowered by investment analysts at Canaccord Genuity from C$7.25 to C$7.00 in a research note issued to investors on Friday. Canaccord Genuity’s target price points to a potential upside of 58.37% from the stock’s previous close.

CEU has been the topic of several other research reports. National Bank Financial lowered their price objective on shares of CES Energy Solutions from C$8.20 to C$7.00 and set an “outperform” rating on the stock in a research note on Friday, August 10th. Royal Bank of Canada lowered their price objective on shares of CES Energy Solutions from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a research note on Monday, May 14th. Scotiabank lowered their price objective on shares of CES Energy Solutions from C$10.50 to C$10.00 and set an “outperform” rating on the stock in a research note on Friday, May 11th. Raymond James lowered their price objective on shares of CES Energy Solutions from C$8.50 to C$7.50 and set a “strong-buy” rating on the stock in a research note on Friday, May 18th. Finally, BMO Capital Markets lowered their price objective on shares of CES Energy Solutions from C$9.00 to C$8.00 in a research note on Monday, August 13th. Six equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$8.13.

Shares of CES Energy Solutions stock opened at C$4.42 on Friday. CES Energy Solutions has a 1 year low of C$4.26 and a 1 year high of C$7.34.

In other CES Energy Solutions news, insider Richard Lee Baxter sold 9,150 shares of CES Energy Solutions stock in a transaction on Thursday, August 16th. The shares were sold at an average price of C$4.32, for a total transaction of C$39,528.00. Also, insider Kenneth Earl Zinger purchased 10,000 shares of the firm’s stock in a transaction on Friday, June 15th. The shares were acquired at an average price of C$4.68 per share, for a total transaction of C$46,800.00. In the last quarter, insiders have acquired 15,331 shares of company stock worth $71,484 and have sold 38,252 shares worth $188,233.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

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Analyst Recommendations for CES Energy Solutions (TSE:CEU)

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