The Secure Energy Services’ (SES) Outperform Rating Reaffirmed at Royal Bank Of Canada

The Secure Energy Services’ (SES) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Secure Energy Services Inc (TSE:SES) in a report published on Tuesday morning, StockTargetPrices.com reports. The firm currently has a C$14.00 price objective on the stock.

A number of other equities analysts have also recently issued reports on the stock. TD Securities reissued a buy rating and issued a C$12.00 target price on shares of Secure Energy Services in a report on Wednesday, October 26th. Raymond James Financial, Inc. cut shares of Secure Energy Services from a strong-buy rating to an outperform rating and raised their target price for the stock from C$10.75 to C$12.00 in a report on Friday, October 7th. Canaccord Genuity raised their target price on shares of Secure Energy Services from C$12.00 to C$13.00 in a report on Tuesday, December 6th. BMO Capital Markets raised their target price on shares of Secure Energy Services from C$11.00 to C$13.50 in a report on Tuesday, January 10th. Finally, Scotiabank reissued a sector perform rating and issued a C$11.00 target price on shares of Secure Energy Services in a report on Friday, November 4th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of C$12.14.

Secure Energy Services (TSE:SES) traded down 2.061% during midday trading on Tuesday, hitting $11.165. The company had a trading volume of 127,779 shares. The stock’s market cap is $1.79 billion. Secure Energy Services has a 12-month low of $5.33 and a 12-month high of $12.04. The company’s 50 day moving average is $10.95 and its 200 day moving average is $9.32.

About Secure Energy Services

Secure Energy Services Inc is an 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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