TD Securities Sticks to Their Buy Rating for Total Energy Services (TOT)


Total Energy Services (TOT), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Aaron Macneil from TD Securities rated Total Energy Services (TOT) a Buy, setting a C$15.50 price target.

Macneil has an average return of 4.1% when recommending Total Energy Services.

According to TipRanks.com, Macneil is ranked #4805 out of 4912 analysts.

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Total Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$14.86.

Based on Total Energy Services’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$3.83 million. In comparison, last year the company had a net profit of C$4.31 million.

Total Energy Services, Inc. engages in the provision of products and services to the oil and natural gas industry. It operates through the following segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing.

The company’s shares closed on Friday at C$9.90, close to its 52-week low of C$9.24.

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