Analyst Activity – GMP Securities Raises Its Price Target On Cathedral Energy Services Ltd (TSE:CET) to C$2.50


Analyst Ratings For Cathedral Energy Services Ltd (TSE:CET)

Today, GMP Securities raised its price target on Cathedral Energy Services Ltd (TSE:CET) to C$2.50 per share.

There are 1 hold rating, 1 buy rating on the stock.

The current consensus rating on Cathedral Energy Services Ltd (TSE:CET) is Buy (Score: 2.50) with a consensus target price of C$2.50 per share, a potential .

Some recent analyst ratings include

  • 7/4/2016-FirstEnergy Capital Upgrade from a “Underperform ” rating to a ” Market Perform” rating.
  • 3/3/2016-National Bank Financial Reiterated Rating of Sector Perform Market Weight.
  • 10/9/2015-Scotiabank was Downgraded by analysts at Scotiabank from a “Sector Perform ” rating to a ” Sector Underperform” rating. They now have a C$1.00 price target on the stock, up previously from C$2.50 .

    About Cathedral Energy Services Ltd (TSE:CET)
    Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling. The Directional Drilling division provides horizontal, directional and underbalanced drilling services. The Directional Drilling division has approximately 60 Measurement While Drilling (MWD) systems in Canada and over 80 in the United States.

    Recent Trading Activity for Cathedral Energy Services Ltd (TSE:CET)
    Shares of Cathedral Energy Services Ltd closed the previous trading session at 1.08 down -0.02 -1.82% with 110,981 shares trading hands.