Analyst Activity – Scotiabank Reiterates Tender on Savanna Energy Services Corp. (TSE:SVY)

ME Staff
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Analyst Ratings For Savanna Energy Services Corp. (TSE:SVY)

Today, Scotiabank reiterated its Tender rating on Savanna Energy Services Corp. (TSE:SVY) with a price target of C$3.00.

There are 3 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Savanna Energy Services Corp. (TSE:SVY) is Hold (Score: 2.40) with a consensus target price of C$2.99 per share, a potential .

Some recent analyst ratings include

  • 3/14/2017-Scotiabank Reiterated Rating of Tender.
  • 1/27/2017-TD Securities was Downgraded by analysts at TD Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$2.25 price target on the stock, up previously from C$2.50 .
  • 1/9/2017-AltaCorp Capital Reiterated Rating of Sector Perform.
  • 12/14/2016-BMO Capital Markets Reiterated Rating of Market Perform.
  • 12/14/2016-National Bank Financial Reiterated Rating of Outperform.
  • 11/23/2016-GMP Securities Upgrade from a “Hold ” rating to a ” Buy” rating.


    About Savanna Energy Services Corp. (TSE:SVY)
    Savanna Energy Services Corp. (Savanna) is a drilling, well servicing and oilfield rentals company. The Company operates through three segments: corporate, services and drilling. The corporate segment provides management and administrative services to its subsidiaries and their respective operations. The services segment provides well servicing services and rental equipment to the oil and gas industry. The drilling segment provides contract drilling services to the oil and gas industry. Its business is conducted through two divisions: contract drilling and oilfield services. Its drilling services include Hybrid, Top Drive Single, Telescopic Double and Velox Triple. Its oilfield services include Well Servicing, Oilfield Rentals and Savanna Trucking Services. Savanna Well Servicing provides service in oil and gas exploration and well preparation and well maintenance across Alberta, Saskatchewan, British Columbia and Manitoba. It operates in Canada, the United States and Australia.

    Recent Trading Activity for Savanna Energy Services Corp. (TSE:SVY)
    Shares of Savanna Energy Services Corp. closed the previous trading session at 1.88 down -0.06 -3.09% with 197,242 shares trading hands.