Secure Energy Services Inc. (TSE:SES) Given Consensus Rating of “Moderate Buy” by Analysts

Secure Energy Services Inc. (TSE:SES) has received a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$17.20.

Several research analysts have recently issued reports on the stock. Raymond James increased their price objective on shares of Secure Energy Services from C$14.75 to C$15.25 and gave the company an “outperform” rating in a report on Thursday, October 31st. Eight Capital boosted their price objective on Secure Energy Services from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. ATB Capital raised their target price on Secure Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Royal Bank of Canada set a C$17.00 price target on shares of Secure Energy Services and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Finally, BMO Capital Markets lifted their price objective on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st.

Insider Transactions at Secure Energy Services

In related news, insider David Bonderman sold 2,995 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of C$16.33, for a total transaction of C$48,905.36. Also, insider Llc Tpg Gp A sold 12,725 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of C$16.99, for a total transaction of C$216,235.93. Insiders have sold a total of 28,565 shares of company stock valued at $478,734 over the last ninety days. Corporate insiders own 0.95% of the company’s stock.

Secure Energy Services Stock Down 1.4 %

Secure Energy Services stock opened at C$15.86 on Wednesday. Secure Energy Services has a 52 week low of C$9.76 and a 52 week high of C$17.13. The stock has a market cap of C$3.82 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 0.17 and a beta of 2.41. The company’s 50-day moving average price is C$16.31 and its two-hundred day moving average price is C$13.69. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 52.03.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.