Ensign Energy Services (OTCMKTS:ESVIF) had its price target cut by BMO Capital Markets from $1.75 to $1.40 in a research note issued to investors on Tuesday morning, The Fly reports. They currently have a market perform rating on the stock.
ESVIF has been the topic of several other reports. Stifel Nicolaus boosted their price objective on shares of Ensign Energy Services from $1.25 to $1.40 and gave the stock a hold rating in a research report on Tuesday, March 9th. CIBC started coverage on shares of Ensign Energy Services in a research report on Tuesday, January 19th. They issued a neutral rating on the stock. Royal Bank of Canada boosted their price objective on shares of Ensign Energy Services from $1.50 to $1.75 and gave the stock a sector perform rating in a research report on Monday, March 8th. Raymond James upgraded shares of Ensign Energy Services from a market perform rating to an outperform rating in a research report on Tuesday, January 12th. Finally, TD Securities decreased their price objective on shares of Ensign Energy Services from $1.50 to $1.40 and set a hold rating on the stock in a research report on Tuesday. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $1.20.
Shares of OTCMKTS ESVIF opened at $0.86 on Tuesday. Ensign Energy Services has a one year low of $0.33 and a one year high of $1.25. The company’s fifty day moving average is $0.93 and its two-hundred day moving average is $0.83.
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 other services.
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