Analyst Activity – Royal Bank of Canada Initiates Coverage On Source Energy Services Ltd (TSE:SHLE) With a Outperform

Analyst Ratings For Source Energy Services Ltd (TSE:SHLE)

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Today, Royal Bank of Canada initiated coverage on Source Energy Services Ltd (TSE:SHLE) with a Outperform with a price target of C$13.00.

There are 1 buy rating on the stock.

The current consensus rating on Source Energy Services Ltd (TSE:SHLE) is Buy (Score: 3.00) with a consensus target price of C$13.00 per share, a potential .

Some recent analyst ratings include

  • 5/3/2017-Royal Bank of Canada initiated coverage with a Outperform rating.

    About Source Energy Services Ltd (TSE:SHLE)
    Source Energy Services Ltd is a Canada-based producer, supplier and distributer of Northern White frac sand to the Western Canadian Sedimentary Basin (WCSB). The Company’s services include Proppants, Logistics, Terminals, Chemicals and Field Solutions. Its Sumner facility offers silica proppant with proppant sizes of 20/40, 30/50, 40/70 and 100 mesh. Its terminals in Wembley, Alberta are designed to receive and unload unit trains of up to 100 rail cars. Its terminals also located in Red Deer, Wembley and Grande Prairie. Its terminals across North America are designed to incorporate chemical storage and handling capabilities. Its Sahara Unit is a mobile storage unit for well site proppants and stores approximately 1,800 metric tons of material. It provides end-to-end solution through its Wisconsin mine assets, processing facilities, unit train capable rail assets, strategically located terminal network and last mile logistics capabilities.

    Recent Trading Activity for Source Energy Services Ltd (TSE:SHLE)
    Shares of Source Energy Services Ltd closed the previous trading session at 9.88 up +0.33 3.46% with 108,300 shares trading hands.

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