Scotiabank reiterated their outperform rating on shares of Source Energy Services Ltd (TSE:SHLE) in a report issued on Tuesday morning. They currently have a C$17.50 target price on the stock.

SHLE has been the topic of several other reports. CIBC reaffirmed an outperform rating and issued a C$13.50 price target on shares of Source Energy Services in a report on Wednesday, November 8th. Canaccord Genuity reissued a buy rating and set a C$9.00 price objective on shares of Source Energy Services in a report on Wednesday, September 13th. Six investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus target price of C$14.00.

Shares of Source Energy Services (SHLE) traded down C$0.21 during mid-day trading on Tuesday, reaching C$9.49. 158,650 shares of the company traded hands, compared to its average volume of 57,456. Source Energy Services has a 12 month low of C$5.68 and a 12 month high of C$10.80.

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About Source Energy Services

Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand primarily to the Western Canadian Sedimentary Basin. The Northern White frac sand is a preferred proppant used to enhance hydrocarbon recovery in the hydraulic fracturing of oil and natural gas wells. Source Energy Services Ltd.

Analyst Recommendations for Source Energy Services (TSE:SHLE)

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