BMO Capital Reiterates a Hold Rating on Ensign Energy Services (ESI)


Wall Street analyst has provided a rating update for the Materials sector company today, while remaining neutral on the stock. Analyst Michael Mazar from BMO Capital rated Ensign Energy Services (TSX: ESI) a Hold, setting a C$6.50 price target.

According to TipRanks.com, Mazar is ranked #1720 out of 4849 analysts.

Read also: Crude Oil: Sell Now, Buy Later

The word on The Street in general, suggests a Hold analyst consensus rating for Ensign Energy Services with a C$6 average price target, which is a 5.8% upside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a C$6 price target.

.

The company has a one-year high of C$7.83 and a one-year low of C$5.29. Currently, Ensign Energy Services has an average volume of 197.5K.

Ensign Energy Services, Inc. engages in the provision of oilfield services. It offers land-based drilling services and well servicing contracts to crude oil, natural gas, and geothermal operators. The firm operates through the following geographical segments: Canada, United States, and International.

The company’s shares closed on Tuesday at C$5.67, close to its 52-week low of C$5.29.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts