CES Energy Solutions logo

BMO Capital Markets raises price target for CES Energy Solutions (TSE: CEU) to CAD 4.50

CES Power Options (TSE: CEUGet the rating) BMO Capital Markets raised its worth goal from CAD 4.00 to CAD 4.50 in a report launched on Friday, BayStreet.CA studies. BMO Capital Markets worth goal signifies a possible upside of 45.16% over the inventory’s earlier shut.

Different fairness analysis analysts have additionally launched analysis studies on the inventory. Scotiabank raised its worth goal for CES Power Options shares from C$3.60 to C$3.90 in a analysis notice on Monday, August 15. Royal Financial institution of Canada raised its worth goal for CES Power Options shares from C$3.50 to C$4.00 and gave the corporate an “excellent” ranking in a analysis notice on Friday, August twelfth. Nationwide Bankshares raised its worth goal for CES Power Options shares from C$3.70 to C$3.85 and gave the corporate an “excellent” ranking in a analysis notice on Thursday, October 27. ATB Capital raised its goal worth for CES Power Options shares from C$4.25 to C$5.25 in a analysis notice on Friday, August twelfth. Lastly, TD Securities raised its worth goal for CES Power Options shares from C$5.00 to C$5.50 and gave the corporate a “purchase” ranking in a analysis report on Friday, August twelfth. Six analysts have rated the inventory with a purchase ranking, in accordance with MarketBeat, the corporate has a consensus ranking of “purchase” and a median worth goal of CAD 4.36.

CES Power Options inventory down 1.6%

TSE CEU Buying and selling was down C$0.05 throughout Friday’s buying and selling hours, to C$3.10. 1,632,556 shares of the corporate’s inventory have been traded for a median buying and selling quantity of 813,182. The inventory has a market capitalization of C$794.46 million and a PE ratio of 11.48. The corporate has a buying and selling ratio of three.35, a fast ratio of 1.68 and a debt-to-equity ratio of 98.89. CES Power Options has a 12-month low of C$1.72 and a 12-month excessive of C$3.27. The corporate has a 50-day transferring common of CAD 2.55 and a 200-day transferring common of CAD 2.54.

CES Power Options (TSE: CEUGet the rating) final launched its earnings outcomes on Thursday, August eleventh. The corporate reported earnings of C$0.08 per share (EPS) for the quarter, topping analysts’ estimates of C$0.04 by C$0.04. The corporate generated C$433.65 million in income for the quarter, in comparison with analyst estimates of C$384.73 million. As a bunch, fairness analysts count on CES Power Options to report 0.48 earnings per share for the present 12 months.

About CES Power Options

(Get the rating)

CES Power Options Corp. Ltd., together with its subsidiaries, designs, implements and manufactures superior shopper fluids and specialty chemical substances. It offers options for drill bit, completion level and set off, wellhead and pump jack, pipeline and midstream markets. The corporate’s options embody corrosion inhibitors, demulsifiers, H2S scavengers, paraffin management merchandise, surfactants, flake inhibitors, biocides, and different specialty merchandise.

Learn extra

Analyst Recommendations for CES Energy Solutions (TSE: CEU)

This immediate information alert was created by narrative science know-how and MarketBeat monetary knowledge to offer readers with the quickest and most correct reporting. This story was reviewed by the Editorial Staff at MarketBeat previous to publication. Please ship any questions or feedback about this story to [email protected]

Earlier than you even think about CES Power Options, you may need to hear this.

MarketBeat tracks the top-rated and best-performing analysis analysts on Wall Avenue and the shares they suggest to their shoppers every day. Choose MarketBeat File five shares That senior analysts are quietly excited by their shoppers to purchase now earlier than the broader market beneficial properties… CES Power Options wasn’t on the checklist.

Whereas CES Power Options at present has a “purchase” ranking amongst analysts, top-rated analysts consider these 5 shares are a greater purchase.

View the five stocks here

#BMO #Capital #Markets #raises #worth #goal #CES #Power #Options #TSE #CEU #CAD

Leave a Comment

Your email address will not be published.