Secure Energy Services Inc. (TSE:SES) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Secure Energy Services Inc. has received a consensus rating of "Moderate Buy" from analysts, with 5 out of 10 research firms recommending a buy or strong buy.
• The average twelve-month price target for Secure Energy Services shares is C$18.31, indicating potential growth from the current share price of C$16.63.
• The company's market capitalization stands at C$3.66 billion, with financial metrics including a price-to-earnings ratio of 18.27 and a debt-to-equity ratio of 48.24.

Secure Energy Services Inc. (TSE:SES - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$18.31.

Several equities analysts have issued reports on the company. Stifel Canada raised Secure Energy Services to a "strong-buy" rating in a report on Thursday, May 29th. BMO Capital Markets lowered Secure Energy Services from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 30th. Raymond James Financial raised Secure Energy Services to a "moderate buy" rating in a report on Wednesday, July 30th. Royal Bank Of Canada raised their price target on Secure Energy Services from C$15.00 to C$17.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Finally, National Bank Financial raised Secure Energy Services to a "strong-buy" rating in a report on Monday, May 26th.

Secure Energy Services Stock Performance

Shares of SES stock opened at C$16.63 on Monday. The stock's 50-day moving average is C$16.19 and its two-hundred day moving average is C$14.98. The firm has a market cap of C$3.66 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 0.17 and a beta of 0.84. Secure Energy Services has a 1 year low of C$11.42 and a 1 year high of C$17.23. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13.

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.

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