Secure Energy Services (TSE:SES – Get Free Report) was downgraded by analysts at Raymond James Financial from an “outperform” rating to a “market perform” rating in a report issued on Tuesday,BayStreet.CA reports. They presently have a C$24.75 target price on the stock, up from their prior target price of C$22.00. Raymond James Financial’s price target points to a potential upside of 11.69% from the company’s current price.
Several other equities research analysts also recently weighed in on SES. Stifel Nicolaus upped their price target on Secure Energy Services from C$23.50 to C$26.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. BMO Capital Markets upped their price target on Secure Energy Services from C$19.00 to C$20.00 and gave the stock a “market perform” rating in a report on Monday, February 23rd. ATB Cormark Capital Markets upped their price target on Secure Energy Services from C$21.00 to C$23.00 and gave the stock a “hold” rating in a report on Monday, February 23rd. National Bank Financial upped their price target on Secure Energy Services from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. Finally, Scotiabank upped their price target on Secure Energy Services from C$20.00 to C$21.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Secure Energy Services has an average rating of “Hold” and a consensus price target of C$22.91.
Secure Energy Services Stock Down 1.2%
Secure Energy Services Company Profile
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.
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