STEP Energy Services Ltd (STEP), was revisited today, and remains undervalued for at least one analyst on the street. Analyst Andrew Bradford from Raymond James rated STEP Energy Services Ltd (STEP) a Buy, setting a C$6 price target.
According to TipRanks.com, Bradford is ranked #4896 out of 5216 analysts.
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Currently, the analyst consensus on STEP Energy Services Ltd is a Strong Buy with an average price target of C$4.38.
STEP Energy Services Ltd’s market cap is currently C$123.2M and has a P/E ratio of 3.6. The company has a Price to Book ratio of 0.24.
STEP Energy Services Ltd. explores oil and gas products. The company is a privately owned, technically focused, oilfield service company provides coiled tubing units and associated pumping and support equipment to service the horizontal market in Western Canada.
The company’s shares closed on Thursday at C$1.81, close to its 52-week low of C$1.65.
