In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Essential Energy (ESN). The company received a Buy today from Raymond James’ analyst Andrew Bradford, with a C$0.65 price target.
According to TipRanks.com, Bradford is ranked #4896 out of 5216 analysts.
Currently, the analyst consensus on Essential Energy is a Moderate Buy with an average price target of C$0.55.
The company has a one-year high of C$0.71 and a one-year low of C$0.24. Currently, Essential Energy has an average volume of 161K.
Essential Energy Services Ltd. engages in the provision of oilfield services to oil and natural gas exploration and production companies. It operates through the following segments: Essential Coil Well Service (ECWS), Tryton, and Corporate and Eliminations.
The company’s shares closed on Thursday at C$0.30, close to its 52-week low of C$0.24.
