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CES Energy Solutions (CEU) Stock Forecast & Price Target

C$6.70
-0.02 (-0.30%)
(As of 02:43 PM ET)

CES Energy Solutions - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 7 Analyst Ratings

Consensus Price Target

C$7.69
14.74% Upside
High ForecastC$9.00
Average ForecastC$7.69
Low ForecastC$5.50
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$7.69C$6.48C$5.14C$4.47
Forecasted Upside14.74% Upside41.08% Upside43.70% Upside64.98% Upside
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CEU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CEU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CES Energy Solutions Stock vs. The Competition

TypeCES Energy SolutionsEnergy Companies
Consensus Rating Score
3.00
2.67
Consensus RatingBuyModerate Buy
News Sentiment RatingPositive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/14/2024Scotiabank
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 Boost TargetOutperformC$5.85 ➝ C$8.50+27.25%
5/10/2024Raymond James
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 Boost TargetC$6.75 ➝ C$8.50+29.97%
5/9/2024TD Securities
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 Boost TargetBuyC$7.00 ➝ C$9.00+40.62%
5/9/2024National Bankshares
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 Boost TargetC$6.50 ➝ C$7.00+9.37%
5/9/2024Stifel Nicolaus
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 Boost TargetC$7.50 ➝ C$8.50+32.81%
4/23/2024BMO Capital Markets
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 Boost TargetC$6.00 ➝ C$8.00+47.33%
4/3/2024ATB Capital
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 Boost TargetC$5.25 ➝ C$6.50+21.04%
3/1/2024Royal Bank of Canada
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 Boost TargetOutperformC$5.00 ➝ C$5.50+18.53%
11/20/2023National Bank Financial
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D. Payne
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DowngradeOutperform Market Weight ➝ Sector Perform Market Weight
3/29/2023Canaccord Genuity Group
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 Lower TargetC$4.25 ➝ C$3.75+39.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:02 PM ET.

CEU Frequently Asked Questions

What is CES Energy Solutions's stock forecast and purchase recommendation?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for CES Energy Solutions is C$7.69, with a high forecast of C$9.00 and a low forecast of C$5.50. The consensus rating for CES Energy Solutions stock is Buy based on the current 1 hold rating, 5 buy ratings and 1 strong buy rating for CEU. Learn more on CEU's analyst rating history.

Do Wall Street analysts like CES Energy Solutions more than its competitors?

Analysts like CES Energy Solutions more than other "energy" companies. The consensus rating for CES Energy Solutions is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how CEU compares to other companies.

Does CES Energy Solutions's stock price have much upside?

According to analysts, CES Energy Solutions's stock has a predicted upside of 35.44% based on their 12-month stock forecasts.

What analysts cover CES Energy Solutions?

CES Energy Solutions has been rated by research analysts at ATB Capital, BMO Capital Markets, National Bankshares, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, and TD Securities in the past 90 days.


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This page (TSE:CEU) was last updated on 5/23/2024 by MarketBeat.com Staff

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