Raymond James’ Take on This Canadian Energy Company


In a new note to investors today, an analyst has provided a rating update for Ensign Energy Services (ESI). Analyst Andrew Bradford from Raymond James reiterated a Buy rating, with a C$6.50 price target.

According to TipRanks.com, Bradford is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.6% and a 43.2% success rate. Bradford covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Trican Well Service Ltd, and Precision Drilling.

Ensign Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$6.19.

The company has a one-year high of C$7.20 and a one-year low of C$4.14. Currently, Ensign Energy Services has an average volume of 247.8K.

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 Thursday at C$5.36.

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