Yesterday, an analyst has provided a rating update for Essential Energy (ESN). Analyst Tim Monachello from AltaCorp Captial rated Essential Energy (ESN) a Buy, setting a C$0.60 price target.
According to TipRanks.com, Monachello is ranked #4834 out of 5126 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Essential Energy with a C$0.62 average price target.
Essential Energy’s market cap is currently C$41.14M and has a P/E ratio of 29. The company has a Price to Book ratio of 0.25.
Essential Energy Services Ltd. engages in the provision of oilfield services to oil and natural gas exploration and production companies. It operates through the following segments: Essential Coil Well Service (ECWS), Tryton, and Corporate and Eliminations.
The company’s shares closed on Tuesday at C$0.29, close to its 52-week low of C$0.24.
