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Raymond James disclosed Ensign Energy Services Inc. (TSE:ESI), boosting its price target to $8.00 earlier today

Indicating a possible downside of -0.01%, Raymond James increased the stock price target of Ensign Energy Services Inc. (TSE:ESI) to $8.00

Previously on 05/10/2016, Canaccord Genuity reported about Ensign Energy Services Inc. (TSE:ESI) raised the target price from $6.50 to $7.50. At the time, this indicated a possible upside of 0.05%.

Yesterday Ensign Energy Services Inc. (TSE:ESI) traded 0.99% higher at $8.07. The company’s 50-day moving average is $7.60 and its 200-day moving average is $7.25. The last stock close price is up 12.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 105,198 shares of the stock were exchanged, down from an average trading volume of 145,075

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Ensign Energy Services Inc. (TSE:ESI)

Ensign Energy Services Inc. has a 52 week low of $4.72 and a 52 week high of $9.69 The company’s market cap is currently $0.

In addition to Raymond James reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $5.62 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Ensign Energy Services Inc. (TSE:ESI)

Ensign Energy Services Inc. is a Canada-based company engaged in the business of providing oilfield services to the oil and gas industry in Canada, the United States and internationally. The Company's oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid (frac flowback) services. Its Canadian operations span over four western provinces of British Columbia, Alberta, Saskatchewan and Manitoba and include the Northwest Territories and the Yukon. In the United States, the Company operates in the Rocky Mountain and southern regions, as well as the states of California, Nevada, New Mexico, North Dakota, South Dakota, Nebraska, Pennsylvania and Michigan. Internationally, it operates in Australia, Argentina, Kurdistan, Libya, Oman and Venezuela. The Company owns a fleet approximately 220 land drilling rigs across the world.

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