A Wall Street analyst has provided a rating update for the Materials sector company on November 29, while remaining neutral on the stock. Analyst Vladislav Vlad from Scotiabank rated Total Energy Services (TOT) a Hold on November 29, setting a C$12.50 price target.
According to TipRanks.com, Vlad is ranked #1870 out of 5130 analysts.
Total Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$14.39.
Based on Total Energy Services’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$8.91 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$10.05, close to its 52-week low of C$9.17.
