Ensign Energy Services (TSX: ESI), the Materials sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. Analyst John Bereznicki from Canaccord Genuity remains neutral on the stock and has a C$6.50 price target.
Bereznicki has an average return of 1.2% when recommending Ensign Energy Services.
According to TipRanks.com, Bereznicki is ranked #999 out of 4847 analysts.
Read also: Crude Oil: Sell Now, Buy Later
Currently, the analyst consensus on Ensign Energy Services is a Hold with an average price target of C$7.15, a 10.9% upside from current levels. In a report issued on August 8, Scotiabank also upgraded the stock to Hold with a C$7.50 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 176.8K.
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 Friday at C$6.45.
