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

Secure Energy Services Inc. (TSE:SES) has earned an average rating of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$17.86.

SES has been the subject of a number of analyst reports. Royal Bank of Canada set a C$17.00 price objective on shares of Secure Energy Services and gave the company a “sector perform” rating in a report on Thursday, December 19th. CIBC upped their price target on shares of Secure Energy Services from C$16.00 to C$17.25 in a report on Tuesday, December 17th. Finally, Raymond James upped their price target on shares of Secure Energy Services from C$16.25 to C$18.00 in a report on Monday, February 24th.

Secure Energy Services Stock Up 0.4 %

Shares of TSE SES opened at C$15.61 on Monday. The stock has a market cap of C$3.63 billion, a P/E ratio of 6.12, a P/E/G ratio of 0.17 and a beta of 2.41. The firm has a 50 day moving average price of C$14.83 and a 200 day moving average price of C$14.75. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. Secure Energy Services has a 52-week low of C$10.81 and a 52-week high of C$17.13.

About Secure Energy Services

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.