Essential Energy Services Ltd (TSE:ESN) had its price objective upped by research analysts at Canaccord Genuity from C$0.80 to C$0.90 in a research note issued to investors on Friday, May 12th. Canaccord Genuity’s price target suggests a potential upside of 45.16% from the stock’s current price.
ESN has been the subject of several other research reports. AltaCorp Capital downgraded Essential Energy Services from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, April 18th. Raymond James Financial, Inc. reiterated a “strong-buy” rating and issued a C$1.50 price target on shares of Essential Energy Services in a research note on Thursday, March 9th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of C$1.12.
Essential Energy Services (TSE:ESN) traded down 3.12% during mid-day trading on Friday, hitting $0.62. The company had a trading volume of 13,689 shares. The company has a 50-day moving average price of $0.67 and a 200 day moving average price of $0.72. The company’s market capitalization is $87.95 million. Essential Energy Services has a 52-week low of $0.52 and a 52-week high of $0.90.
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Essential Energy Services Company Profile
Essential Energy Services Ltd is a Canada-based company, which provides oilfield services to oil and natural gas producers, primarily in western Canada.
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