Canadian Energy Company Revisited by Canaccord Genuity Analyst


Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst John Bereznicki from Canaccord Genuity reiterated a Buy rating on Total Energy Services (TSX: TOT), with a C$15.50 price target.

According to TipRanks.com, Bereznicki is a 4-star analyst with an average return of 4.9% and a 46.3% success rate. Bereznicki covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, Precision Drilling, and Trinidad Drilling.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Total Energy Services with a C$15.71 average price target.

The company has a one-year high of C$15.47 and a one-year low of C$10.09. Currently, Total Energy Services has an average volume of 32.07K.

Total Energy Services, Inc. engages in the provision of products and services to the oil and natural gas industry. It operates through the following segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing.

The company’s shares closed on Tuesday at C$10.55, close to its 52-week low of C$10.09.

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