Secure Energy Services Inc. (OTCMKTS:SECYF) Receives $8.27 Consensus Target Price from Analysts

Shares of Secure Energy Services Inc. (OTCMKTS:SECYFGet Rating) have been given a consensus rating of “Buy” by the eleven brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $8.27.

Several brokerages recently weighed in on SECYF. CIBC upped their price target on Secure Energy Services from C$7.50 to C$8.00 in a research note on Monday, May 2nd. BMO Capital Markets increased their target price on Secure Energy Services from C$8.00 to C$9.00 in a research note on Friday, April 29th. National Bank Financial increased their target price on Secure Energy Services from C$8.00 to C$9.00 in a research note on Friday, April 29th. TD Securities increased their target price on Secure Energy Services from C$7.50 to C$8.00 in a research note on Friday, April 29th. Finally, Canaccord Genuity Group increased their target price on Secure Energy Services from C$8.50 to C$9.00 in a research note on Friday, April 22nd.

Shares of SECYF stock opened at $4.75 on Tuesday. The business’s fifty day moving average is $5.14 and its 200 day moving average is $4.73. Secure Energy Services has a twelve month low of $2.93 and a twelve month high of $5.93.

Secure Energy Services Company Profile (Get Rating)

Secure Energy Services Inc, an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Western Canadian Sedimentary Basin and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The company's Midstream Infrastructure segment provides services, such as clean oil terminalling, rail transloading, pipeline transportation, marketing and custom treating of crude oil, produced and waste water disposal, oilfield waste processing, and purchase/resale of oil services through its full service terminals, rail facilities, crude oil pipelines, crude oil terminalling facilities, water disposal facilities, and landfills.

Further Reading

Analyst Recommendations for Secure Energy Services (OTCMKTS:SECYF)

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