Several other research firms have also recently weighed in on CEU. BMO Capital Markets reissued an outperform rating and set a C$9.00 price target on shares of CES Energy Solutions Corp in a report on Monday, May 15th. Raymond James Financial, Inc. increased their price target on CES Energy Solutions Corp from C$7.50 to C$8.75 and gave the company a strong-buy rating in a report on Friday, May 19th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of C$8.71.
Shares of CES Energy Solutions Corp (TSE CEU) opened at 5.28 on Monday. The firm has a 50-day moving average price of $5.88 and a 200-day moving average price of $6.74. CES Energy Solutions Corp has a 52-week low of $4.38 and a 52-week high of $6.51. The stock’s market capitalization is $1.68 billion.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://sportsperspectives.com/2017/08/17/ces-energy-solutions-corp-ceu-pt-raised-to-c8-00-at-canaccord-genuity.html.
The company also recently declared a monthly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 15th were issued a dividend of $0.0025 per share. The ex-dividend date was Thursday, July 27th. This represents a $0.03 annualized dividend and a dividend yield of 0.57%.
In other news, insider Kenneth Earl Zinger sold 20,000 shares of the stock in a transaction on Monday, July 10th. The stock was sold at an average price of C$5.80, for a total transaction of C$116,000.00. Also, Director Burton Joel Ahrens sold 5,000 shares of the stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of C$6.52, for a total value of C$32,600.00. Insiders have sold a total of 82,267 shares of company stock worth $560,228 over the last three months.
About CES Energy Solutions Corp
CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.
Receive News & Ratings for CES Energy Solutions Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions Corp and related companies with MarketBeat.com's FREE daily email newsletter.