Ensign Energy Services Inc (ESI) Price Target Increased to C$10.00 by Analysts at Royal Bank Of Canada

Ensign Energy Services Inc (TSE:ESI) had its price objective increased by research analysts at Royal Bank Of Canada from C$9.00 to C$10.00 in a report issued on Friday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 48.59% from the company’s previous close.

Several other research firms have also recently weighed in on ESI. Canaccord Genuity lowered their price objective on shares of Ensign Energy Services from C$8.50 to C$7.50 in a research report on Tuesday, July 11th. TD Securities cut shares of Ensign Energy Services from a “buy” rating to a “hold” rating and set a C$7.50 price objective on the stock. in a research report on Monday, October 2nd. CIBC lifted their price objective on shares of Ensign Energy Services from C$9.00 to C$10.50 in a research report on Thursday, July 20th. Finally, Raymond James Financial, Inc. cut shares of Ensign Energy Services from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from C$9.00 to C$7.20 in a research report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of C$9.27.

Shares of Ensign Energy Services (TSE:ESI) traded down 0.45% on Friday, hitting $6.70. The company’s stock had a trading volume of 44,948 shares. Ensign Energy Services has a 52 week low of $6.09 and a 52 week high of $10.41. The company’s market cap is $1.05 billion. The stock’s 50 day moving average is $6.71 and its 200-day moving average is $7.01.

ILLEGAL ACTIVITY NOTICE: “Ensign Energy Services Inc (ESI) Price Target Increased to C$10.00 by Analysts at Royal Bank Of Canada” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can b

Several other research firms have also recently weighed in on ESI. Canaccord Genuity lowered their price objective on shares of Ensign Energy Services from C$8.50 to C$7.50 in a research report on Tuesday, July 11th. TD Securities cut shares of Ensign Energy Services from a “buy” rating to a “hold” rating and set a C$7.50 price objective on the stock. in a research report on Monday, October 2nd. CIBC lifted their price objective on shares of Ensign Energy Services from C$9.00 to C$10.50 in a research report on Thursday, July 20th. Finally, Raymond James Financial, Inc. cut shares of Ensign Energy Services from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from C$9.00 to C$7.20 in a research report on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of C$9.27.

Shares of Ensign Energy Services (TSE:ESI) traded down 0.45% on Friday, hitting $6.70. The company’s stock had a trading volume of 44,948 shares. Ensign Energy Services has a 52 week low of $6.09 and a 52 week high of $10.41. The company’s market cap is $1.05 billion. The stock’s 50 day moving average is $6.71 and its 200-day moving average is $7.01.

ILLEGAL ACTIVITY NOTICE: “Ensign Energy Services Inc (ESI) Price Target Increased to C$10.00 by Analysts at Royal Bank Of Canada” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/07/ensign-energy-services-inc-esi-given-new-c10-00-price-target-at-royal-bank-of-canada.html.

Ensign Energy Services Company Profile

Ensign Energy Services Inc is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services.

Analyst Recommendations for Ensign Energy Services (TSE:ESI)

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