TD Securities Thinks Canadian Energy Serv&Tech’s Stock is Going to Recover


Canadian Energy Serv&Tech (CEU) has received a rating update from a Wall Street analyst yesterday. Analyst Aaron Macneil from TD Securities reiterated a Buy rating, with a C$6 price target.

According to TipRanks.com, Macneil is ranked #4792 out of 5120 analysts.

Currently, the analyst consensus on Canadian Energy Serv&Tech is a Strong Buy with an average price target of C$5.36.

The company has a one-year high of C$6.86 and a one-year low of C$2.89. Currently, Canadian Energy Serv&Tech has an average volume of 646.6K.

CES Energy Solutions Corp. engages in the provision of consumable chemical solutions throughout the life-cycle of the oilfield. It includes solutions at the drill-bit through the pipeline and midstream market. The company was founded on November 13, 1986 and is headquartered in Calgary, Canada.

The company’s shares closed on Monday at C$3.40, close to its 52-week low of C$2.89.

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