Equities researchers at RBC Capital boosted their target price on shares of Total Energy Services (TSE:TOT) from C$19.00 to C$20.00 in a research report issued on Tuesday, Analyst Ratings Net reports. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price indicates a potential upside of 7.47% from the stock’s previous close.
A number of other analysts have also recently weighed in on TOT. Analysts at CIBC reiterated a “sector perform” rating on shares of Total Energy Services in a research note to investors on Tuesday, November 5th. They now have a C$19.50 price target on the stock. Separately, analysts at TD Securities downgraded shares of Total Energy Services from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, November 5th. They now have a C$20.00 price target on the stock. Finally, analysts at Scotiabank raised their price target on shares of Total Energy Services from C$21.00 to C$23.00 in a research note to investors on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Total Energy Services presently has an average rating of “Hold” and an average target price of C$20.50.
Shares of Total Energy Services (TSE:TOT) traded up 3.49% on Tuesday, hitting $19.26. 38,100 shares of the company’s stock traded hands. Total Energy Services has a 1-year low of $13.13 and a 1-year high of $19.01. The stock has a 50-day moving average of $18.33 and a 200-day moving average of $16.32. The company has a market cap of $598.8 million and a P/E ratio of 15.25.
Total Energy Services Incis an energy service company. It is engaged in providing contract drilling services, rental and transportation of equipment used in oil and natural gas drilling, completion and production processes and the fabrication, sale, rental and servicing of natural gas compression equipment to oil and gas exploration and production companies located primarily in western Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.