Stifel Nicolaus Raises Secure Energy Services (OTCMKTS:SECYF) Price Target to C$10.00

Secure Energy Services (OTCMKTS:SECYFGet Rating) had its price target lifted by analysts at Stifel Nicolaus from C$9.75 to C$10.00 in a research report issued on Thursday, The Fly reports.

A number of other research firms have also recently issued reports on SECYF. 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. TD Securities boosted their price objective on shares of Secure Energy Services from C$8.00 to C$8.50 in a research report on Thursday. National Bank Financial increased their target price on Secure Energy Services from C$8.00 to C$9.00 in a report on Friday, April 29th. Royal Bank of Canada boosted their price target on Secure Energy Services from C$8.50 to C$9.00 in a report on Friday, April 29th. Finally, CIBC increased their price objective on Secure Energy Services from C$7.50 to C$8.00 in a report on Monday, May 2nd. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Secure Energy Services currently has a consensus rating of “Buy” and a consensus price target of $8.55.

Secure Energy Services Stock Up 0.2 %

OTCMKTS:SECYF traded up $0.01 on Thursday, reaching $4.87. The company’s stock had a trading volume of 65,376 shares, compared to its average volume of 7,759. The business’s 50-day moving average price is $4.95 and its two-hundred day moving average price is $4.77. Secure Energy Services has a 1-year low of $2.93 and a 1-year high of $5.93.

Secure Energy Services Company Profile

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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.

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