Total Energy Services Inc. (TOT) PT Raised to C$20.00 at GMP Securities

Total Energy Services Inc. (TSE:TOT) had its price objective hoisted by research analysts at GMP Securities from C$18.00 to C$20.00 in a note issued to investors on Monday. GMP Securities’ price objective suggests a potential upside of 32.01% from the company’s previous close.

Separately, BMO Capital Markets dropped their price objective on Total Energy Services from C$16.00 to C$14.00 in a research note on Monday, August 14th.

Total Energy Services (TSE TOT) opened at C$15.15 on Monday. Total Energy Services has a 12 month low of C$11.24 and a 12 month high of C$16.00.

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In other news, insider Total Energy Services Inc purchased 3,100 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were purchased at an average cost of C$11.79 per share, for a total transaction of C$36,549.00. Also, Director Bruce Lawrence Pachkowski purchased 2,500 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average price of C$11.47 per share, for a total transaction of C$28,675.00. Insiders have purchased 39,580 shares of company stock worth $475,618 over the last 90 days.

About Total Energy Services

Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression).

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