Trican Well Service Ltd. (TCW) Price Target Raised to C$3.30
Trican Well Service Ltd. (TSE:TCW) had its price objective lifted by equities research analysts at Pi Financial from C$2.20 to C$3.30 in a report issued on Monday. Pi Financial’s price target points to a potential upside of 22.68% from the stock’s current price.
A number of other equities research analysts have also recently commented on the stock. Evercore ISI lifted their price target on shares of Trican Well Service from C$2.00 to C$3.00 in a report on Wednesday, June 29th. Royal Bank Of Canada raised shares of Trican Well Service from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$2.00 to C$5.00 in a report on Wednesday, June 22nd. Scotiabank reaffirmed an “outperform” rating and issued a C$3.50 price target on shares of Trican Well Service in a report on Monday, August 15th. TD Securities lowered their target price on shares of Trican Well Service from C$3.00 to C$2.75 and set a “speculative buy” rating on the stock in a report on Monday, August 15th. Finally, Evercore Partners Inc. boosted their target price on shares of Trican Well Service from C$2.00 to C$3.00 in a report on Wednesday, June 29th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Trican Well Service has a consensus rating of “Buy” and a consensus target price of C$2.75.
Shares of Trican Well Service (TSE:TCW) traded up 7.81% on Monday, hitting $2.90. The stock had a trading volume of 2,333,152 shares. Trican Well Service has a 1-year low of $0.34 and a 1-year high of $2.93. The firm has a 50-day moving average of $2.29 and a 200 day moving average of $1.94. The company’s market capitalization is $559.81 million.
About Trican Well Service
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.
Receive News & Stock Ratings for Trican Well Service Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trican Well Service Ltd. and related stocks with our FREE daily email newsletter.