In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Ensign Energy Services (ESI). Analyst John Bereznicki from Canaccord Genuity reiterated a Buy rating, with a C$6.75 price target today.
According to TipRanks.com, Bereznicki is ranked #5066 out of 5237 analysts.
Ensign Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$6.80, which is a 55.6% upside from current levels. In a report issued on July 3, RBC Capital also initiated coverage with a Buy rating on the stock with a C$8 price target.
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Ensign Energy Services’ market cap is currently C$682.9M and has a P/E ratio of 10.9. The company has a Price to Book ratio of 0.41.
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 on Tuesday at C$4.37, close to its 52-week low of C$3.99.
