Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Analyst Jon Morrison from CIBC rated Ensign Energy Services (TSX: ESI) a Buy, setting a C$9.50 price target.
According to TipRanks.com, Morrison is ranked #4802 out of 4847 analysts.
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Ensign Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$7.31, a 15.3% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock.
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Ensign Energy Services’ market cap is currently C$985M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.61.
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$6.34.