Ensign Energy Services Inc. (TSE:ESI – Get Rating) has been given a consensus rating of "Moderate Buy" by the nine brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$5.19.
A number of equities research analysts have recently issued reports on the stock. TD Securities cut their price objective on shares of Ensign Energy Services from C$6.50 to C$6.00 and set a "speculative buy" rating for the company in a research report on Monday, August 8th. Raymond James boosted their price objective on shares of Ensign Energy Services from C$5.25 to C$6.00 and gave the company an "outperform" rating in a research report on Tuesday, May 17th. BMO Capital Markets reaffirmed a "buy" rating and issued a C$6.00 target price on shares of Ensign Energy Services in a report on Tuesday, May 10th. Royal Bank of Canada dropped their target price on shares of Ensign Energy Services from C$6.50 to C$6.00 and set an "outperform" rating for the company in a report on Monday, August 8th. Finally, Stifel Nicolaus upped their target price on shares of Ensign Energy Services from C$5.50 to C$5.75 in a report on Tuesday, May 10th.
Get Ensign Energy Services alerts:Ensign Energy Services Trading Down 2.3 %
Shares of ESI stock opened at C$3.04 on Tuesday. Ensign Energy Services has a 1 year low of C$1.40 and a 1 year high of C$5.00. The firm has a fifty day moving average price of C$3.36 and a 200-day moving average price of C$3.46. The company has a debt-to-equity ratio of 115.57, a current ratio of 1.42 and a quick ratio of 1.23. The company has a market cap of C$494.33 million and a price-to-earnings ratio of -4.52.
Ensign Energy Services Company Profile
(Get Rating)Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.
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