Total Energy Services (TSX: TOT), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Ian Gillies from GMP FirstEnergy rated Total Energy Services (TSX: TOT) a Buy, setting a C$18 price target.
According to TipRanks.com, Gillies is ranked #4587 out of 4850 analysts.
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Currently, the analyst consensus on Total Energy Services is a Moderate Buy with an average price target of C$16.20, which is a 39.2% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$16 price target.
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Total Energy Services’ market cap is currently C$503.1M and has a P/E ratio of 217.6. The company has a Price to Book ratio of 0.92.
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$11.64.
