TD Securities Lowers Total Energy Services (TSE:TOT) Price Target to C$18.00

Total Energy Services (TSE:TOT) had its target price decreased by TD Securities from C$19.00 to C$18.00 in a report released on Tuesday,BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 47.54% from the stock’s previous close.

Separately, ATB Capital upped their target price on Total Energy Services from C$18.00 to C$19.00 in a research report on Tuesday, November 12th.

Total Energy Services Stock Performance

Shares of Total Energy Services stock opened at C$12.20 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.31 and a debt-to-equity ratio of 27.21. Total Energy Services has a 52 week low of C$7.36 and a 52 week high of C$12.39. The firm’s 50 day moving average is C$10.68 and its two-hundred day moving average is C$9.82. The firm has a market capitalization of C$473.97 million, a P/E ratio of 11.62, a P/E/G ratio of 1.77 and a beta of 2.02.

Insider Buying and Selling

In related news, Senior Officer Bradley John Macson sold 10,000 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$12.09, for a total value of C$120,884.00. Also, insider Total Energy Services Inc bought 134,854 shares of the firm’s stock in a transaction that occurred on Friday, October 11th. The shares were purchased at an average price of C$9.72 per share, for a total transaction of C$1,310,416.77. Insiders have purchased a total of 153,647 shares of company stock valued at $1,492,426 over the last quarter. 7.73% of the stock is currently owned by insiders.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.