In a latest note to investors, a research analyst has provided a rating update for the Total Energy Services (TOT). Analyst Michael Mazar from BMO Capital rated Total Energy Services (TOT) a Hold today, setting a C$11 price target.
According to TipRanks.com, Mazar is ranked #4556 out of 5181 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Total Energy Services with a C$12.94 average price target, which is a 34.4% upside from current levels. In a report issued on April 25, Scotiabank also upgraded the stock to Hold with a C$12.50 price target.
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Based on Total Energy Services’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$8.56 million. In comparison, last year the company had a net profit of C$3.16 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$9.63.
