TD Securities Lowers Total Energy Services (TSE:TOT) Price Target to C$18.00

Total Energy Services (TSE:TOT) had its price objective decreased by equities researchers at TD Securities from C$19.00 to C$18.00 in a research note issued on Tuesday,BayStreet.CA reports. TD Securities’ price target points to a potential upside of 47.54% from the stock’s previous close.

Separately, ATB Capital raised their price objective on shares of Total Energy Services from C$18.00 to C$19.00 in a research report on Tuesday, November 12th.

Total Energy Services Price Performance

TOT stock opened at C$12.20 on Tuesday. Total Energy Services has a 1 year low of C$7.36 and a 1 year high of C$12.39. The firm has a market capitalization of C$473.97 million, a PE ratio of 11.62, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. The business has a 50 day simple moving average of C$10.68 and a 200-day simple moving average of C$9.82.

Insider Buying and Selling at Total Energy Services

In other Total Energy Services news, Director Daniel Kim Halyk purchased 3,143 shares of Total Energy Services stock in a transaction dated Tuesday, November 26th. The shares were acquired at an average price of C$11.55 per share, with a total value of C$36,301.65. Also, Senior Officer Bradley John Macson sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$12.09, for a total transaction of C$120,884.00. Insiders have acquired 153,647 shares of company stock worth $1,492,426 over the last quarter. 7.73% of the stock is currently owned by company insiders.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.