STEP Energy Services (TSE:STEP) Given New C$5.00 Price Target at BMO Capital Markets

STEP Energy Services (TSE:STEP) had its price target raised by BMO Capital Markets from C$4.50 to C$5.00 in a report published on Tuesday, BayStreet.CA reports.

Several other equities analysts have also weighed in on STEP. Raymond James reduced their target price on shares of STEP Energy Services from C$6.25 to C$6.00 in a report on Tuesday, October 15th. Royal Bank of Canada reduced their target price on shares of STEP Energy Services from C$5.50 to C$5.00 in a report on Thursday, August 8th. Finally, Acumen Capital set a C$5.25 target price on shares of STEP Energy Services in a report on Friday, October 11th.

STEP Energy Services Stock Up 1.6 %

Shares of STEP opened at C$5.08 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 25.45. The firm has a market cap of C$364.13 million, a PE ratio of 5.64 and a beta of 2.07. The company’s fifty day moving average is C$3.84 and its two-hundred day moving average is C$4.02. STEP Energy Services has a fifty-two week low of C$3.37 and a fifty-two week high of C$5.14.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.