Analyst Rating Update on This Canadian Energy Stock


Today, an analyst has provided a rating update for Strad Energy Services (SDY). The company received a Buy rating from Raymond James’ analyst Andrew Bradford, with a C$2.50 price target.

According to TipRanks.com, Bradford ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -15.6% and a 31.0% success rate. Bradford covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Trican Well Service Ltd, and Precision Drilling.

Strad Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$2.50.

The company has a one-year high of C$1.75 and a one-year low of C$1.13. Currently, Strad Energy Services has an average volume of 23.05K.

Strad Energy Services Ltd. is an energy services company that offers its customers a wide range of well-site infrastructure solutions, including surface equipment, environmental and access matting, drill pipe, solids control and waste management, ecopond and manufacturing and equipment design.

The company’s shares closed on Thursday at C$1.35.

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