In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Ensign Energy Services (ESI). The Materials company, Ensign Energy Services (TSX: ESI) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Bradford is ranked #5516 out of 5660 analysts.
Currently, the analyst consensus on Ensign Energy Services is a Moderate Buy with an average price target of C$5.14, an 114.2% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a C$4.25 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$32.79 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 Wednesday at C$2.32, close to its 52-week low of C$2.29.
