Secure Energy Services Inc. (TSE:SES) had its target price hoisted by Canaccord Genuity from C$11.00 to C$11.50 in a research report report published on Monday morning.

Other equities research analysts also recently issued research reports about the company. Raymond James Financial, Inc. lifted their target price on Secure Energy Services from C$12.90 to C$13.00 and gave the stock a strong-buy rating in a report on Wednesday, August 2nd. GMP Securities lifted their target price on Secure Energy Services from C$11.50 to C$13.00 in a report on Monday. Finally, TD Securities lifted their price target on Secure Energy Services from C$12.00 to C$12.50 and gave the company a buy rating in a research report on Friday, November 10th.

Shares of Secure Energy Services (TSE:SES) opened at C$7.84 on Monday. Secure Energy Services has a twelve month low of C$6.96 and a twelve month high of C$12.04.

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The company also recently announced a monthly dividend, which will be paid on Monday, January 15th. Investors of record on Monday, January 1st will be paid a dividend of $0.023 per share. This is a positive change from Secure Energy Services’s previous monthly dividend of $0.02. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.28 annualized dividend and a yield of 3.52%. Secure Energy Services’s dividend payout ratio is presently -189.42%.

In other Secure Energy Services news, insider Rene Amirault sold 6,640 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of C$7.40, for a total transaction of C$49,136.00.

Secure Energy Services Company Profile

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

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