A Wall Street analyst has provided a rating update for the Materials sector company today, while remaining neutral on the stock. BMO Capital’s analyst Michael Mazar reiterates their Hold rating on the shares of Ensign Energy Services (ESI), with a C$3.50 price target.
According to TipRanks.com, Mazar is ranked #5080 out of 5539 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ensign Energy Services with a C$5.81 average price target.
Based on Ensign Energy Services’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$31.17 million. In comparison, last year the company had a GAAP net loss of C$36.7 million.
Ensign Energy Services, Inc. engages in the provision oilfield services. It includes drilling and well servicing, oil sands coring, directional drilling, underbalanced and managed pressure drilling, equipment rentals, transportation, wireline services, and production testing services.
The company’s shares closed last Tuesday at C$3.66.
