Royal Bank Of Canada Issues Positive Forecast for CES Energy Solutions (TSE:CEU) Stock Price

Posted by Brian Himes on Apr 14th, 2026

CES Energy Solutions (TSE:CEU – Get Free Report) had its price target hoisted by research analysts at Royal Bank Of Canada from C$20.00 to C$22.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 24.01% from the company’s previous close.

Several other research analysts also recently weighed in on the stock. ATB Cormark Capital Markets increased their price target on shares of CES Energy Solutions from C$14.50 to C$16.50 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Raymond James Financial increased their price target on shares of CES Energy Solutions from C$15.00 to C$21.00 in a research report on Thursday, March 12th. BMO Capital Markets downgraded shares of CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Scotiabank increased their price target on shares of CES Energy Solutions from C$12.25 to C$16.00 in a research report on Thursday, January 29th. Finally, National Bank Financial raised their price objective on shares of CES Energy Solutions from C$13.00 to C$15.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CES Energy Solutions currently has a consensus rating of “Moderate Buy” and an average price target of C$16.50.

Read Our Latest Report on CEU

CES Energy Solutions Stock Performance

CEU traded down C$0.55 during trading on Tuesday, hitting C$17.74. The company’s stock had a trading volume of 236,265 shares, compared to its average volume of 1,056,114. The company has a quick ratio of 1.78, a current ratio of 2.86 and a debt-to-equity ratio of 60.08. CES Energy Solutions has a one year low of C$5.75 and a one year high of C$19.58. The firm has a market cap of C$3.72 billion, a PE ratio of 19.28, a P/E/G ratio of 0.61 and a beta of 0.70. The business’s 50 day simple moving average is C$17.17 and its 200-day simple moving average is C$13.42.

CES Energy Solutions (TSE:CEU – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported C$0.53 earnings per share for the quarter. CES Energy Solutions had a net margin of 8.21% and a return on equity of 25.37%. The business had revenue of C$664.51 million for the quarter. As a group, sell-side analysts predict that CES Energy Solutions will post 0.8600646 EPS for the current fiscal year.

Insider Activity at CES Energy Solutions

In other news, insider Kenneth Earl Zinger sold 46,100 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of C$18.35, for a total transaction of C$845,935.00. Following the sale, the insider directly owned 1,821,757 shares in the company, valued at C$33,429,240.95. This trade represents a 2.47% decrease in their position. In the last 90 days, insiders have sold 401,000 shares of company stock worth $7,379,734. 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.