The Globe and Mail reports in its Friday, April 19, edition that heading into earnings season, Stifel analyst Cole Pereira reiterated his bullish view on the Canadian oil field services industry, seeing valuation upside. The Globe's David Leeder writes in the Eye On Equities column that the Stifel stockpicker has reaffirmed his "buy" recommendation for Secure Energy Services. He boosted his share target by a loonie to $13.50. Analysts on average target the shares at $12.81. Mr. Pereira says in a note: "Our Secure Energy Services EBITDAS forecasts decrease 1 per cent to $457-million in 2024 but increase 1 per cent in 2025 to $476-million. We have also increased our target multiple to 8.2 times 2025E EV/EBITDAS (prior: 7.6 times) to better reflect its improved earnings stability and significant optionality to add value to shareholders via increased shareholder returns, potential M&A and high-return growth opportunities." The Globe reported on Feb. 2 that BMO analyst John Gibson continued to rate Secure Energy "outperform." The shares were then worth $10.30. The Globe reported on Feb. 28 that ATB Capital Markets analyst Nate Heywood had reaffirmed his "outperform" recommendation for Secure Energy, which was then worth $11.10.