Canaccord Genuity Increases Secure Energy Services Inc. (SES) Price Target to C$11.50

Secure Energy Services Inc. (TSE:SES) had its price target boosted by equities researchers at Canaccord Genuity from C$11.00 to C$11.50 in a research report issued to clients and investors on Monday. Canaccord Genuity’s target price indicates a potential upside of 42.68% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. GMP Securities lifted their price target on shares of Secure Energy Services from C$11.50 to C$13.00 in a report on Monday. TD Securities lifted their price target on shares of Secure Energy Services from C$12.00 to C$12.50 and gave the company a “buy” rating in a report on Friday, November 10th. Finally, Raymond James Financial, Inc. lowered their price target on shares of Secure Energy Services from C$13.00 to C$12.75 and set a “strong-buy” rating on the stock in a report on Wednesday, September 6th.

Secure Energy Services (TSE SES) opened at C$8.06 on Monday. Secure Energy Services has a 1-year low of C$6.96 and a 1-year high of C$12.04.

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In other news, insider Rene Amirault sold 6,640 shares of Secure Energy Services stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of C$7.40, for a total transaction of C$49,136.00. In the last quarter, insiders have sold 8,003 shares of company stock worth $59,296.

About Secure Energy Services

Secure Energy Services Inc is a Canada-based energy services company. It owns and operates midstream infrastructure and provides environmental services and products to upstream oil and natural gas companies operating in Western Canada and certain regions in the United States. It operates through three divisions.

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