Secure Energy Services Inc. (TSE:SES) Given Average Recommendation of "Moderate Buy" by Brokerages

Secure Energy Services Inc. (TSE:SES - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$17.97.

Several research firms have recently issued reports on SES. CIBC lifted their target price on shares of Secure Energy Services from C$15.25 to C$15.75 and gave the company a "neutral" rating in a report on Monday, May 5th. BMO Capital Markets decreased their price objective on shares of Secure Energy Services from C$20.00 to C$18.00 in a report on Thursday, April 17th. Royal Bank of Canada decreased their price objective on shares of Secure Energy Services from C$17.00 to C$15.00 and set a "sector perform" rating for the company in a report on Monday, May 5th. Raymond James boosted their price objective on shares of Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th. Finally, ATB Capital decreased their price objective on shares of Secure Energy Services from C$20.00 to C$19.00 and set an "outperform" rating for the company in a report on Monday, May 5th.

Secure Energy Services Stock Up 6.9%

SES traded up C$0.93 on Tuesday, hitting C$14.40. The company had a trading volume of 1,054,865 shares, compared to its average volume of 807,234. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10. Secure Energy Services has a 52-week low of C$11.13 and a 52-week high of C$17.13. The stock has a fifty day simple moving average of C$13.83 and a 200-day simple moving average of C$14.99. The firm has a market capitalization of C$3.35 billion, a P/E ratio of 5.64, a P/E/G ratio of 0.17 and a beta of 2.41.

Secure Energy Services Company Profile

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.