CES Energy Solutions (OTCMKTS:CESDF) was downgraded by stock analysts at Canaccord Genuity to a “hold” rating in a research report issued to clients and investors on Tuesday, TipRanks reports. They currently have a $1.50 price target on the stock. Canaccord Genuity’s price target suggests a potential upside of 76.47% from the stock’s current price.
Separately, BMO Capital Markets assumed coverage on shares of CES Energy Solutions in a research report on Monday, February 3rd. They set a “hold” rating and a $2.00 price target for the company.
Shares of OTCMKTS:CESDF opened at $0.85 on Tuesday. The firm has a fifty day moving average of $1.47 and a 200 day moving average of $1.51. CES Energy Solutions has a 52-week low of $0.76 and a 52-week high of $2.28.
About CES Energy Solutions
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.
