Western Energy Services Corp (TSE:WRG) had its price target cut by research analysts at Canaccord Genuity from C$3.75 to C$2.75 in a report issued on Thursday. Canaccord Genuity’s target price indicates a potential upside of 7.84% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. TD Securities lowered Western Energy Services Corp from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$4.25 to C$3.50 in a research report on Thursday, July 28th. Royal Bank Of Canada reissued an “outperform” rating and issued a C$4.50 target price on shares of Western Energy Services Corp in a research report on Tuesday, September 6th. Scotiabank reissued an “underperform” rating and issued a C$2.25 target price on shares of Western Energy Services Corp in a research report on Thursday, July 28th. Finally, FirstEnergy Capital decreased their target price on Western Energy Services Corp from C$5.50 to C$4.75 in a research report on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of C$4.38.

Analyst Recommendations for Western Energy Services Corp (TSE:WRG)

Western Energy Services Corp (TSE:WRG) remained flat at $2.55 on Thursday. 17,987 shares of the company’s stock traded hands. The company’s 50 day moving average is $2.63 and its 200 day moving average is $2.91. Western Energy Services Corp has a 52 week low of $2.05 and a 52 week high of $5.40. The stock’s market capitalization is $187.80 million.

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