CES Energy Solutions Corp. (OTCMKTS:CESDF) Receives Consensus Rating of “Moderate Buy” from Analysts

CES Energy Solutions Corp. (OTCMKTS:CESDF) has received a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

CESDF has been the subject of a number of research reports. National Bank Financial cut shares of CES Energy Solutions from an “outperform” rating to a “sector perform” rating in a report on Tuesday, May 12th. Scotiabank reiterated an “outperform” rating on shares of CES Energy Solutions in a research note on Monday, May 11th. BMO Capital Markets upgraded CES Energy Solutions from an “outperform” rating to an “outperform” rating in a research note on Wednesday, June 24th. TD Securities restated a “hold” rating on shares of CES Energy Solutions in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of CES Energy Solutions in a report on Monday, May 11th.

CES Energy Solutions Trading Up 0.2%

Shares of OTCMKTS:CESDF opened at $12.26 on Friday. The firm’s 50 day moving average price is $12.08 and its 200-day moving average price is $12.08. CES Energy Solutions has a twelve month low of $4.98 and a twelve month high of $14.25.

CES Energy Solutions Company Profile

CES Energy Solutions Corp. is a North American provider of specialty chemical solutions and services to the oil and gas industry. The company develops, manufactures and markets a comprehensive range of products used in drilling, completion, production and environmental applications. These offerings include drilling and completion fluids, production chemicals, proppants and solids control equipment, all designed to optimize well performance and minimize environmental impact.

Headquartered in Calgary, Alberta, CES Energy Solutions operates a network of manufacturing, blending and distribution facilities across Canada and the United States.