In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Ensign Energy Services (TSX: ESI). GMP FirstEnergy’s analyst Ian Gillies upgraded ESI to Hold today , with a C$5.75 price target.
Gillies has an average return of 5.7% when recommending Ensign Energy Services.
According to TipRanks.com, Gillies is ranked #4555 out of 4850 analysts.
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Currently, the analyst consensus on Ensign Energy Services is a Hold with an average price target of C$6.44, implying a 9.2% upside from current levels. In a report released today, Scotiabank also upgraded the stock to Hold with a C$7.50 price target.
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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 190.2K.
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 Wednesday at C$5.90.
