AltaCorp Captial Downgrades Total Energy Services (TOT) to Hold


Today, an analyst has provided a rating update for Total Energy Services (TOT). The Materials company, Total Energy Services (TSX: TOT) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Monachello is ranked #5137 out of 5239 analysts.

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Total Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$9.60, implying a 59.7% upside from current levels. In a report issued on August 9, BMO Capital also maintained a Hold rating on the stock with a C$8.50 price target.

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Total Energy Services’ market cap is currently C$278.4M and has a P/E ratio of 10.92. The company has a Price to Book ratio of 0.50.

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 last Wednesday at C$5.92.

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