Secure Energy Services (TSE:SES) Given a C$15.00 Price Target at Royal Bank Of Canada

Secure Energy Services (TSE:SES - Get Free Report) has been assigned a C$15.00 price target by analysts at Royal Bank Of Canada in a report issued on Thursday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Royal Bank Of Canada's target price indicates a potential downside of 0.86% from the stock's current price.

Other equities analysts also recently issued research reports about the stock. ATB Capital reduced 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 research note on Monday, May 5th. BMO Capital Markets cut their price target on Secure Energy Services from C$20.00 to C$18.00 in a report on Thursday, April 17th. Raymond James Financial raised their price objective on Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th. National Bankshares lowered their price objective on Secure Energy Services from C$18.00 to C$17.00 and set an "outperform" rating for the company in a research report on Monday, May 5th. Finally, Scotiabank reduced their target price on Secure Energy Services from C$19.50 to C$19.00 and set an "outperform" rating on the stock in a research report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Secure Energy Services has an average rating of "Buy" and a consensus target price of C$18.03.

Secure Energy Services Price Performance

TSE:SES traded down C$0.53 during trading hours on Thursday, reaching C$15.13. 301,424 shares of the company traded hands, compared to its average volume of 774,240. The firm's 50-day moving average is C$14.00 and its 200-day moving average is C$14.80. The stock has a market cap of C$3.52 billion, a P/E 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 current ratio of 1.13 and a quick ratio of 1.10. Secure Energy Services has a 1-year low of C$11.13 and a 1-year high of C$17.13.

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.