Secure Energy Services Inc. (TSE:SES) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts Consensus: Seven analysts give Secure Energy Services a consensus "Hold" rating with an average 12‑month price target of C$22.91.
• Broker Actions: Multiple brokers recently raised targets (Raymond James and BMO to C$24.75; ATB Cormark to C$23.00; RBC and Scotiabank to ~C$21.00), with Raymond James downgrading its recommendation to hold despite a higher target.
• Market/Valuation Snapshot: Shares trade around C$22.94 (50‑/200‑day SMAs C$21.14/C$18.89) with a C$4.97B market cap, high P/E (~42.5) and elevated debt‑to‑equity (~145%), suggesting strong valuation metrics but significant leverage.

Shares of Secure Energy Services Inc. (TSE:SES - Get Free Report) have been assigned an average rating of "Hold" from the seven analysts that are covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$22.91.

Several brokerages recently issued reports on SES. Raymond James Financial downgraded shares of Secure Energy Services from a "moderate buy" rating to a "hold" rating and upped their price target for the stock from C$22.00 to C$24.75 in a research report on Tuesday, April 14th. BMO Capital Markets upped their price target on shares of Secure Energy Services from C$20.00 to C$24.75 in a research report on Tuesday, April 14th. Royal Bank Of Canada upped their target price on shares of Secure Energy Services from C$18.00 to C$21.00 and gave the company a "sector perform" rating in a research report on Monday, February 23rd. Scotiabank upped their target price on shares of Secure Energy Services from C$20.00 to C$21.00 and gave the company a "sector perform" rating in a research report on Monday, February 23rd. Finally, ATB Cormark Capital Markets upped their target price on shares of Secure Energy Services from C$21.00 to C$23.00 and gave the company a "hold" rating in a research report on Monday, February 23rd.

Secure Energy Services Stock Down 1.5%

Shares of TSE SES opened at C$22.94 on Tuesday. The firm's 50-day simple moving average is C$21.14 and its 200 day simple moving average is C$18.89. The company has a market cap of C$4.97 billion, a price-to-earnings ratio of 42.48, a price-to-earnings-growth ratio of 0.17 and a beta of 0.27. The company has a quick ratio of 1.10, a current ratio of 1.21 and a debt-to-equity ratio of 145.08. Secure Energy Services has a 12-month low of C$12.61 and a 12-month high of C$23.90.

About Secure Energy Services

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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