Ensign Energy Services (OTCMKTS:ESVIF) Price Target Raised to C$5.75

Ensign Energy Services (OTCMKTS:ESVIFGet Rating) had its price target raised by Stifel Nicolaus from C$5.50 to C$5.75 in a research note released on Tuesday, The Fly reports.

Several other equities research analysts also recently commented on ESVIF. CIBC lifted their target price on shares of Ensign Energy Services from C$3.25 to C$4.50 in a research report on Thursday, April 14th. Canaccord Genuity Group lifted their target price on shares of Ensign Energy Services from C$3.00 to C$4.50 and gave the stock a hold rating in a research report on Friday, April 22nd. Royal Bank of Canada upgraded shares of Ensign Energy Services from a sector perform rating to an outperform rating in a research report on Wednesday, April 13th. Raymond James upgraded shares of Ensign Energy Services from a market perform rating to an outperform rating in a research report on Tuesday, April 5th. Finally, TD Securities boosted their price target on shares of Ensign Energy Services from C$6.00 to C$6.50 in a research report on Tuesday. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of Buy and an average target price of $4.53.

OTCMKTS:ESVIF opened at $3.00 on Tuesday. The firm’s 50 day simple moving average is $2.86 and its 200 day simple moving average is $2.04. Ensign Energy Services has a one year low of $0.86 and a one year high of $3.59.

About Ensign Energy Services (Get Rating)

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 services.

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