National Bankshares Issues Positive Forecast for Secure Energy Services (TSE:SES) Stock Price

Secure Energy Services (TSE:SES - Get Free Report) had its price target upped by equities researchers at National Bankshares from C$17.00 to C$17.50 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. National Bankshares' target price points to a potential upside of 15.66% from the company's current price.

SES has been the subject of several other research reports. Stifel Canada raised shares of Secure Energy Services to a "strong-buy" rating in a research report on Thursday, May 29th. BMO Capital Markets dropped their price target on shares of Secure Energy Services from C$20.00 to C$18.00 in a research note on Thursday, April 17th. ATB Capital cut their price objective on shares of Secure Energy Services from C$20.00 to C$19.00 and set an "outperform" rating on the stock in a report on Monday, May 5th. CIBC raised their target price on Secure Energy Services from C$15.25 to C$15.75 and gave the company a "neutral" rating in a research note on Monday, May 5th. Finally, Raymond James Financial lifted their target price on Secure Energy Services from C$16.25 to C$18.00 in a research report on Monday, February 24th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Secure Energy Services presently has an average rating of "Buy" and an average price target of C$18.03.

Secure Energy Services Stock Down 3.4%

Shares of TSE:SES traded down C$0.53 during midday trading on Thursday, hitting C$15.13. 301,424 shares of the company's stock traded hands, compared to its average volume of 774,240. Secure Energy Services has a twelve month low of C$11.13 and a twelve month high of C$17.13. The company has a market cap of C$3.52 billion, a PE ratio of 5.93, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. The firm's fifty day moving average price is C$14.00 and its two-hundred day moving average price is C$14.80.

About Secure Energy Services

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.