BMO Capital Remains a Hold on Source Energy Services Ltd (SHLE)


Source Energy Services Ltd (SHLE), was revisited today, yet the Wall Street analyst remains currently on the sidelines. Analyst Michael Mazar from BMO Capital remains neutral on the stock and has a C$0.50 price target.

According to TipRanks.com, Mazar is ranked #5080 out of 5539 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Source Energy Services Ltd with a C$0.75 average price target.

The company has a one-year high of C$4.53 and a one-year low of C$0.47. Currently, Source Energy Services Ltd has an average volume of 44.28K.

Source Energy Services Ltd. engages in the production, supply, and distribution of northern white frac sand. The company operates through the following segments: United States, Canada, and Corporate. Its services include proppants, logistics, terminals, storage and transfer of chemicals, and field solutions.

The company’s shares closed last Tuesday at C$0.59, close to its 52-week low of C$0.47.

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