Canaccord Genuity Thinks Total Energy Services’ Stock is Going to Recover


In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Total Energy Services (TOT). Analyst John Bereznicki from Canaccord Genuity remains bullish on the stock and has a C$12 price target.

According to TipRanks.com, Bereznicki is ranked #5066 out of 5237 analysts.

Total Energy Services has an analyst consensus of Moderate Buy, with a price target consensus of C$12.50.

Total Energy Services’ market cap is currently C$375.8M and has a P/E ratio of 14.5. The company has a Price to Book ratio of 0.67.

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 Tuesday at C$7.91, close to its 52-week low of C$7.72.

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