Canadian Energy Serv&Tech (CEU), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. The company received a Buy rating from AltaCorp Captial’s analyst Tim Monachello, with a C$5.25 price target.
According to TipRanks.com, Monachello is ranked #4834 out of 5126 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Canadian Energy Serv&Tech with a C$5.08 average price target.
Canadian Energy Serv&Tech’s market cap is currently C$848.9M and has a P/E ratio of 24.4. The company has a Price to Book ratio of 1.31.
CES Energy Solutions Corp. engages in the provision of consumable chemical solutions throughout the life-cycle of the oilfield. It includes solutions at the drill-bit through the pipeline and midstream market. The company was founded on November 13, 1986 and is headquartered in Calgary, Canada.
The company’s shares closed on Tuesday at C$3.24, close to its 52-week low of C$2.89.
