Analyst Provides Guidance for This Canadian Energy Stock


A Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Vladislav Vlad from Scotiabank remains bearish on Secure Energy Services (TSX: SES) and has a C$11 price target.

Vlad has an average return of 15.0% when recommending Secure Energy Services.

According to TipRanks.com, Vlad is ranked #1275 out of 4895 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Secure Energy Services with a C$11.75 average price target.

Secure Energy Services’ market cap is currently C$1.4B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.63.

Secure Energy Services, Inc. engages in the provision of safe and environmentally responsible fluids and solids solutions to the oil and gas industry. It operates through the following business segments: Processing, Recovery and Disposal Services (PRD); Drilling and Production Services (DPS); Onsite (OS); and Corporate.

The company’s shares closed on Wednesday at C$8.58.

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