Recs Strad Energy Services PT Raised to C$4.80 (SDY)
Posted by Max Byerly on May 20th, 2014 //
Analysts at Raymond James hoisted their price target on shares of Strad Energy Services (TSE:SDY) from C$4.40 to C$4.80 in a research report issued to clients and investors
on Friday. Raymond James’ price target would suggest a potential upside of 9.09% from the stock’s previous close.
Separately, analysts at Jennings Capital initiated coverage on shares of Strad Energy Services in a research note on Tuesday, April 8th. They set a “buy” rating and a C$6.00 price target on the stock.
Strad Energy Services (TSE:SDY) traded up 0.91% on Friday, hitting $4.44. The stock had a trading volume of 6,151 shares. Strad Energy Services has a one year low of $3.22 and a one year high of $4.78. The stock has a 50-day moving average of $4. and a 200-day moving average of $4.01. The company has a price-to-earnings ratio of 29.33.
Strad Energy Services (TSE:SDY) last released its earnings data on Friday, May 9th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.02.
Strad Energy Services Ltd. focuses on providing drilling rental equipment and production services to the oil and natural gas industry in the Western Canada Sedimentary Basin (TSE:SDY) and throughout the United States.
https://tickerreport.com/banking-finance/219452/strad-energy-services-pt-raised-to-c4-80-sdy/