CES Energy Solutions (TSE:CEU) Upgraded at BMO Capital Markets

Posted by George Bondi on Jun 24th, 2026

CES Energy Solutions (TSE:CEU – Get Free Report) was upgraded by BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research note issued on Wednesday,BayStreet.CA reports. The brokerage currently has a C$22.00 price target on the stock, up from their prior price target of C$21.00. BMO Capital Markets’ price target indicates a potential upside of 36.31% from the company’s previous close.

A number of other research analysts also recently commented on the company. TD increased their target price on CES Energy Solutions from C$18.00 to C$19.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Royal Bank Of Canada upped their price target on CES Energy Solutions from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research report on Tuesday, April 14th. National Bank Financial downgraded shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating and set a C$20.00 price objective for the company. in a report on Wednesday, May 13th. Finally, Raymond James Financial increased their target price on shares of CES Energy Solutions from C$15.00 to C$21.00 in a report on Thursday, March 12th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$19.06.

View Our Latest Analysis on CEU

CES Energy Solutions Stock Up 1.7%

TSE CEU traded up C$0.27 during trading hours on Wednesday, reaching C$16.14. 468,158 shares of the company traded hands, compared to its average volume of 845,385. The stock has a market capitalization of C$3.40 billion, a PE ratio of 16.64, a PEG ratio of 0.61 and a beta of 0.52. The company has a current ratio of 2.75, a quick ratio of 1.78 and a debt-to-equity ratio of 55.71. CES Energy Solutions has a 12 month low of C$6.51 and a 12 month high of C$19.58. The company has a 50 day moving average of C$17.70 and a two-hundred day moving average of C$16.06.

CES Energy Solutions (TSE:CEU – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$681.51 million for the quarter. CES Energy Solutions had a net margin of 8.29% and a return on equity of 26.01%. As a group, equities analysts expect that CES Energy Solutions will post 0.8600646 earnings per share for the current year.

Insider Activity at CES Energy Solutions

In other CES Energy Solutions news, insider Kenneth Earl Zinger purchased 10,000 shares of CES Energy Solutions stock in a transaction on Monday, June 22nd. The stock was bought at an average price of C$15.00 per share, for a total transaction of C$150,000.00. Following the transaction, the insider owned 1,682,857 shares of the company’s stock, valued at C$25,242,855. The trade was a 0.60% increase in their position. Also, Director John Michael Hooks sold 133,800 shares of CES Energy Solutions stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$18.92, for a total transaction of C$2,531,496.00. Following the sale, the director owned 902,565 shares in the company, valued at approximately C$17,076,529.80. This represents a 12.91% decrease in their ownership of the stock. 3.03% of the stock is owned by company insiders.

About CES Energy Solutions

(Get Free Report)

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES’ business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.