GMP Securities Increases CES Energy Solutions Corp. (CEU) Price Target to C$9.50

CES Energy Solutions Corp. (TSE:CEU) had its price target raised by analysts at GMP Securities from C$9.00 to C$9.50 in a research report issued to clients and investors on Monday. GMP Securities’ target price would indicate a potential upside of 49.37% from the company’s current price.

CEU has been the topic of a number of other reports. Canaccord Genuity boosted their target price on shares of CES Energy Solutions Corp. from C$7.50 to C$8.00 in a report on Monday, August 14th. Raymond James Financial, Inc. restated a “strong-buy” rating and set a C$8.50 target price on shares of CES Energy Solutions Corp. in a report on Wednesday, August 30th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$9.17.

CES Energy Solutions Corp. (TSE:CEU) opened at C$6.36 on Monday. CES Energy Solutions Corp. has a fifty-two week low of C$4.94 and a fifty-two week high of C$8.65.

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In other CES Energy Solutions Corp. news, Director Donald Michael Godfre Stewart sold 15,500 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of C$5.20, for a total value of C$80,600.00. Also, insider Kenneth Earl Zinger sold 10,000 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of C$5.35, for a total transaction of C$53,500.00. Over the last quarter, insiders sold 38,309 shares of company stock worth $206,675.

CES Energy Solutions Corp. Company Profile

CES Energy Solutions Corp, formerly Canadian Energy Services & Technology Corp, is a Canada-based provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. The Company offers total solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Analyst Recommendations for CES Energy Solutions Corp. (TSE:CEU)

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