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A statement released earlier today by Raymond James about Canadian Energy Services & Technology (TSE:CEU) bumps the target price to $7.50

Raymond James bumped up the target of Canadian Energy Services & Technology (TSE:CEU) to $7.50 indicating a possible upside of 0.02%.

Previously on 03/13/2017, Scotia Capital reported about Canadian Energy Services & Technology (TSE:CEU) raised the target price from $0.00 to $11.00. At the time, this indicated a possible upside of 0.52%.

Yesterday Canadian Energy Services & Technology (TSE:CEU) traded 0.96% higher at $7.34. The company’s 50-day moving average is $7.74 and its 200-day moving average is $6.59. The last stock close price is up 12.17% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 274,768 shares of the stock were exchanged, down from an average trading volume of 527,751

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Canadian Energy Services & Technology (TSE:CEU)

Canadian Energy Services & Technology has a 52 week low of $2.85 and a one year high of $8.65 Canadian Energy Services & Technology’s market capitalization is presently $0.

A total of 13 brokerages have issued a ratings update on Canadian Energy Services & Technology. Four brokerages rating the company a strong buy, seven brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $5.95.

General Company Details For Canadian Energy Services & Technology (TSE:CEU)

Canadian Energy Services & Technology Corp is a Canada-based company, which designs, implements, and manufactures consumable fluids and specialty chemicals for the oil and gas industry. The Company operates in the Western Canadian Sedimentary Basin and in several basins throughout the United States. In Canada, the Company operates under the trade names Canadian Energy Services, PureChem Services, Sialco Materials Ltd, Clear Environmental Solutions and EQUAL Transport. In the United States, the Company operates under the trade names AES Drilling Fluids, AES Frac Fluids, Superior Weighting Products and JACAM Chemicals. The Company offers total 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. The Company's solutions include corrosion inhibitors, demulsifiers, hydrogen sulfide scavengers, paraffin control products, surfactants, scale inhibitors, biocides and other specialty products.

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