Source Energy Services (TSE:SHLE – Get Free Report) had its target price hoisted by analysts at BMO Capital Markets from C$16.00 to C$18.00 in a note issued to investors on Tuesday, BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 11.66% from the company’s current price.
Separately, Acumen Capital boosted their target price on Source Energy Services from C$15.00 to C$15.50 in a research report on Thursday, March 14th.
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Source Energy Services Stock Performance
Insider Transactions at Source Energy Services
In related news, Senior Officer Derren James Newell sold 11,500 shares of Source Energy Services stock in a transaction on Monday, March 18th. The stock was sold at an average price of C$9.96, for a total transaction of C$114,540.00. 11.09% of the stock is owned by corporate insiders.
About Source Energy Services
Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.
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