Secure Energy Services (TSE:SES) Price Target Cut to C$18.00 by Analysts at BMO Capital Markets

Secure Energy Services (TSE:SES) had its target price reduced by BMO Capital Markets from C$20.00 to C$18.00 in a report released on Thursday morning,BayStreet.CA reports.

Several other equities research analysts have also recently weighed in on SES. CIBC reduced their price target on Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday, April 10th. Raymond James boosted their price objective on shares of Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th. Royal Bank of Canada set a C$17.00 target price on shares of Secure Energy Services and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Finally, Scotiabank dropped their price target on Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$17.58.

Secure Energy Services Stock Performance

TSE:SES opened at C$12.87 on Thursday. Secure Energy Services has a twelve month low of C$10.81 and a twelve month 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. The firm’s fifty day simple moving average is C$14.33 and its 200 day simple moving average is C$15.04. The stock has a market cap of C$2.99 billion, a P/E ratio of 5.04, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41.

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.