Shares of Ensign Energy Services Inc (TSE:ESI) have been given an average rating of “Hold” by the nine analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$8.41.

A number of research analysts recently commented on ESI shares. CIBC reduced their price target on Ensign Energy Services from C$9.00 to C$8.00 in a report on Friday, October 20th. Citigroup cut their price objective on Ensign Energy Services from C$8.00 to C$7.00 in a research note on Friday, November 17th. Canaccord Genuity cut their price objective on Ensign Energy Services from C$7.50 to C$7.25 in a research note on Tuesday, November 7th. TD Securities upped their price objective on Ensign Energy Services from C$8.50 to C$10.00 in a research note on Tuesday, January 30th. Finally, GMP Securities upped their price objective on Ensign Energy Services from C$7.50 to C$8.00 in a research note on Thursday, January 18th.

Shares of Ensign Energy Services (ESI) traded up C$0.15 on Friday, reaching C$6.65. The company had a trading volume of 22,039 shares, compared to its average volume of 359,154. The stock has a market capitalization of $1,020.00, a P/E ratio of -7.05 and a beta of 0.76. Ensign Energy Services has a 1 year low of C$5.95 and a 1 year high of C$8.65.

In related news, Director Gail Donelda Surkan purchased 33,000 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were acquired at an average cost of C$6.03 per share, for a total transaction of C$198,990.00. Also, insider Michael Gray purchased 5,232 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were bought at an average price of C$7.45 per share, for a total transaction of C$38,978.40.

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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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