CES Energy Solutions’ (CESDF) “Buy” Rating Reiterated at Raymond James

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CES Energy Solutions (OTCMKTS:CESDF)‘s stock had its “buy” rating reissued by stock analysts at Raymond James in a note issued to investors on Thursday, AnalystRatings.com reports. They currently have a $1.00 price objective on the stock. Raymond James’ price target would indicate a potential upside of 110.79% from the stock’s previous close.

Several other equities research analysts have also issued reports on the stock. Canaccord Genuity lowered shares of CES Energy Solutions to a “hold” rating and set a $1.50 price target on the stock. in a research note on Tuesday, March 10th. BMO Capital Markets upgraded shares of CES Energy Solutions from a “market perform” rating to an “outperform” rating in a research note on Monday, March 16th.

CESDF stock traded up $0.04 during midday trading on Thursday, hitting $0.47. The company’s stock had a trading volume of 7,645 shares, compared to its average volume of 40,522. The company has a 50 day moving average of $1.19 and a two-hundred day moving average of $1.44. CES Energy Solutions has a 12 month low of $0.42 and a 12 month high of $2.28.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

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