17:46:52 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



CES Energy Solutions Corp
Symbol CEU
Shares Issued 266,276,489
Close 2019-07-03 C$ 2.30
Market Cap C$ 612,435,925
Recent Sedar Documents

Globe says Mackey rates CES Energy "sector perform"

2019-07-04 09:00 ET - In the News

The Globe and Mail reports in its Thursday edition that RBC Dominion Securities analyst Keith Mackey rates CES Energy Solutions ($2.30) "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Mackey targets the shares at $3. Analysts on average target the shares at $4.57. Mr. Mackey says in a note: "We see CES's recurring revenue exposure from its production chemicals division and international presence as clear investment positives. We believe the key to rerating lies in improved growth and margin realization outlook from its position in the North American drilling fluids market and currently see higher potential return prospects in other names." The Globe reported on Dec. 5, 2018, that Industrial Alliance Securities analyst Elias Foscolos, with an unchanged "strong buy" rating, trimmed his share target to $4.75 from $5. The shares could then be had for $3.01. The Globe reported on April 23, 2019, that Mr. Foscolos rated the shares "buy." In the item, he lowered his share target to $4.25. The shares were then worth $2.77. The Globe reported on June 22, 2019, that Mr. Foscolos was maintaining his "buy" call, while trimming his share target to $4. The shares were then worth $2.33.

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