Research analysts at Paradigm Research cut their target price on shares of Strad Energy Services (TSE: SDY) from $7.00 to $6.00 in a report released on Monday.

Strad Energy Services traded down 4.77% on Monday, hitting $3.59. Strad Energy Services has a 52-week low of $3.69 and a 52-week high of $5.75.

A number of other analysts have also recently weighed in on SDY. Analysts at National Bank cut their price target on shares of Strad Energy Services from $6.50 to $5.50 in a research note to investors on Monday. Separately, analysts at Stonecap Securities cut their price target on shares of Strad Energy Services from $5.25 to $5.00 in a research note to investors on Monday. Finally, analysts at Raymond James cut their price target on shares of Strad Energy Services from $5.75 to $5.00 in a research note to investors on Monday.