CIBC analyst Jon Morrison reiterated a Buy rating on Synthesis Energy Systems Inc (SES) on October 11 and set a price target of C$9.00. The company’s shares closed last Monday at $5.25.
According to TipRanks.com, Morrison is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -18.4% and a 30.2% success rate. Morrison covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Trican Well Service Ltd, and Imperial Oil Limited.
The the analyst consensus on Synthesis Energy Systems Inc is currently a Moderate Buy rating.
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The company has a one-year high of $17.60 and a one-year low of $0.55. Currently, Synthesis Energy Systems Inc has an average volume of 685.6K.
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Synthesis Energy Systems, Inc. engages in the provision of proprietary gasification technology systems and solutions to the energy and chemical industries. It operates through the following segments: SES Foreign Operating; Technology Licensing and Related Services; and Corporate.