Research Analysts’ Recent Ratings Updates for Secure Energy Services (SES)

A number of firms have modified their ratings and price targets on shares of Secure Energy Services (TSE: SES) recently:

• 2/23/2026 – Secure Energy Services had its price target raised by Royal Bank Of Canada from C$18.00 to C$21.00. They now have a “sector perform” rating on the stock.
• 2/23/2026 – Secure Energy Services had its price target raised by Stifel Nicolaus from C$23.50 to C$26.00. They now have a “buy” rating on the stock.
• 2/23/2026 – Secure Energy Services had its price target raised by ATB Cormark Capital Markets from C$21.00 to C$23.00. They now have a “hold” rating on the stock.
• 2/23/2026 – Secure Energy Services had its price target raised by BMO Capital Markets from C$19.00 to C$20.00. They now have a “market perform” rating on the stock.
• 2/23/2026 – Secure Energy Services had its price target raised by Scotiabank from C$20.00 to C$21.00. They now have a “sector perform” rating on the stock.
• 2/23/2026 – Secure Energy Services had its price target raised by National Bank Financial from C$19.00 to C$21.00. They now have a “sector perform” rating on the stock.
• 2/6/2026 – Secure Energy Services had its price target raised by Stifel Nicolaus from C$23.00 to C$23.50. They now have a “buy” rating on the stock.
• 1/23/2026 – Secure Energy Services was given a new C$18.00 price target by National Bank Financial. They now have a “sector perform” rating on the stock.
• 1/21/2026 – Secure Energy Services had its price target lowered by Scotiabank from C$21.50 to C$20.00. They now have a “sector perform” rating on the stock.

SECURE is a leading waste management and energy infrastructure business headquartered in Calgary, Alberta. The Corporation’s extensive infrastructure network located throughout western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals and storage facilities. Through this infrastructure network, the Corporation carries out its principal business operations, including the collection, processing, recovery, recycling and disposal of waste streams generated by our energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids.