Secure Energy Services Inc. (TSE:SES) Receives C$17.86 Consensus Price Target from Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have been given an average rating of “Moderate Buy” by the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$17.86.

SES has been the subject of a number of research reports. Raymond James lifted their target price on Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th. CIBC raised their price target on Secure Energy Services from C$16.00 to C$17.25 in a report on Tuesday, December 17th. Finally, Royal Bank of Canada set a C$17.00 price objective on Secure Energy Services and gave the stock a “sector perform” rating in a research note on Thursday, December 19th.

Secure Energy Services Stock Down 5.3 %

SES stock opened at C$13.63 on Thursday. The firm has a market cap of C$3.17 billion, a price-to-earnings ratio of 5.34, a PEG ratio of 0.17 and a beta of 2.41. Secure Energy Services has a 1-year low of C$10.81 and a 1-year high of C$17.13. The firm has a fifty day moving average price of C$15.34 and a two-hundred day moving average price of C$14.50. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.