Secure Energy Services Inc. (TSE:SES) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Secure Energy Services Inc. (TSE:SES) have received an average rating of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$17.86.

Several equities research analysts have recently issued reports on SES shares. Royal Bank of Canada set a C$17.00 price target on Secure Energy Services and gave the company a “sector perform” rating in a report on Thursday, December 19th. CIBC boosted their target price on shares of Secure Energy Services from C$16.00 to C$17.25 in a research report on Tuesday, December 17th. Finally, Raymond James increased their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a research note on Monday, February 24th.

Secure Energy Services Price Performance

Shares of TSE:SES opened at C$15.84 on Monday. The business has a fifty day simple moving average of C$14.84 and a 200 day simple moving average of C$14.89. The company has a current ratio of 1.13, a quick ratio of 1.10 and a debt-to-equity ratio of 48.24. Secure Energy Services has a 1 year low of C$10.81 and a 1 year high of C$17.13. The firm has a market cap of C$3.69 billion, a price-to-earnings ratio of 6.21, a P/E/G ratio of 0.17 and a beta of 2.41.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.